Petrobras and its partners have signed contracts worth $3.46 billion with Brazil's Engevix Engenharia S.A. They cover the construction of eight FPSO hulls at the Rio Grande Naval Hub, which is based on the Estaleiros…
Tough news from Matt Mulherin, VP and GM of Northrop Grumman Shipbuilding - Newport News. Northrop Grumman Shipbuilding has cut around 380 salaried employee jobs at the shipyard. The cuts were effective Friday. All impacted…
Rolls-Royce has signed a collaboration agreement with China's Shanghai Bestway Marine Engineering Design Company Ltd (Bestway), a leading marine design and research company in China. The collaboration will focus upon development of innovative and environmentally…
Chinese shipbuilder Rongsheng Heavy Industries has raised $1.8 billion in an IPO. Financial wire services report that China Rongsheng Heavy Industries Group Holdings Ltd. priced its much awaited Hong Kong initial public offering at HK$8.00…
Carnival Splendor limped into San Diego yesterday and Carnival Cruise Line steeled itself for the inevitable passenger horror stories.
The Mercurius Shipping Group, Zwijndrecht, Netherlands, has developed a new concept for a clean inland waterways cargo ship.
Seadrill orders two drillshipsSeadrill is to build up to four new ultra-deepwater drillships at Samsung Heavy Industries..
 The White House office of Carol Browner changed a DOI report justifying the moratorium.
MTU Detroit Diesel has opened a new Gulf Coast Sales and Operations center in St. Rose, La.
Two ships to be recycled at Mare I. MARAD has awarded contracts totaling $3.1 million to Allied Defense Recycling of Petaluma, Calif.

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