MARINE LOG NEWS STORIES DECEMBER 2010

Daewoo Shipbuilding and Marine Engineering sets $11 billion 2011 sales target
Up from $10 billion in 2010

Thoresen Thai ship hijacked
Somali pirates seize Thor Nexus

Bergen Group books offshore construction vessel contract
order from Volstad Maritime includes option fo second ship

Keppel AmFELS delivers third Rowan jack-up
ahead of schedule and on budget

Vigor Industral swoops on Todd Shipyards
paying 31 percent premium to acquire outstanding shares

Diana Shipping spins off containership subsidiary
distribution will be treated as taxable dividend

IRISL P&I insurer sanctioned
Iranian shipping company running out of insurance options

Keppel FELS books another jack-up rig order
fourth within one month time span

STX Finland gets contract for world's largest LNG fueled passenger ship
Firms up order with Viking Line

Congress approves dual LCS buy
Austal, Marinette Marine set to get contracts for 10 ships each

Algoma Central orders lake freighters in China
$250 million contract for four, option two more

Noble orders two jack-ups at Jurong
total costs estimated at $220 per rig

Carnival optimistic on outlook for 2011
World's largest cruise group expects strong wave season

Incat Crowther utility catamaran nears delivery
Richardson Devine Marine launches Strait Shooter

Wilhelmsen Ships Service appoints Head of Environment
Thea Corwin appointed to key new role

Transpetro to rebid eight product tanker building contracts
agreements with two yards fall through

Somali pirates seize bulker
Orna pirated 400 miles northeast of Seychelles

P&I clubs warn of risks posed by Venezuela narco law
ship seizures and crew member arrests under draconian new law

Drydocks World books FPSO conversion order
wins $13 million contract from BW Offshore

ST Marine books upgrade and repair orders
work includes a double-hulling and an "Australization"

Pirates permit medical evacuation of sick hostage
treated on board German warship

Ulstein builds two medium size PSV's on spec
says ships will be completed at a period where the market will need this type of tonnage

Seazip Offshore orders wind farm support cats
four BMT Nigel Gee designed vessels under construction in Netherlands

Trico Marine Services to sell remaining towing and supply vessels
bankruptcy court approves sales process

Helsinki shipyard to build two icebreaking supply vessels for Sovcomflot
$200 million first order for Arctech Helsinki Shipyard Oy JV

Vancouver Shipyards Co. books barge contracts
oil barge and two chip barges for Seaspan

U.S. brings civil suit against BP and others
alleges safety and operating regulations violated in Deepwater Horizon case

Carnival Splendor needs additional repair time
more voyages canceled

Remontowa lays keels of Ezra MPSV pair
deliveries scheduled for 2012

Marine Resources Group acquires Cook Inlet Tug & Barge
will operate as independent subsidiary

Testing services in strategic alliance
deal with Acme Testing brings Retlif services to Pacific Northwest

Great Lakes Shipyard completes repairs to ferry
William Market is second Miller Boat Line vessel to visit Cleveland yard this year

Pride International orders ultra-deepwater drillship
order at Samsung Heavy Industries includes option for second vessel

NOIA comments on new BOEMRE offshore drilling guidelines
says offshore energy industry is anxious to get back to work

Coast Guard names first woman to head U.S. military academy
Rear Adm. Sandra L. Stosz chosen as next Superintendent of U.S. Coast Guard Academy

Hapag-Lloyd orders 13,000 TEU containerships
buys back historic Hamburg headquarters too

Signal International refurbishes Mobile shipyard
$9 million in upgrades completed ahead of schedule

Navy extends deadline for LCS block buy decision
time clock ticking on Senate approval

Castrol Academy partners with Maersk Training
addressing industry skills shortage

Cancun may bring tax on ship fuel nearer
IMO Secretary General sees green light for more work on market based measures to reduce ship GHG emissions

Wärtsilä propulsion for research ship
special attention to reducing Underwater Radiated Noise

STX OSV books order for platform supply vessel
order book total now 50 vesssels

Austal moves giant cat out of fabrication hall
so big that upper deck must be added on outside fabrication hall

Skipperliner books ferry contract
building 12-vehicle ferry barge and tugboat to push it

Russian-Finnish joint venture acquires Helsinki shipyard
new company, Arctech Helsinki Shipyard Oy, will specialize in arctic shipbuilding technology

OPT wave power projects move forward
PowerBuoy technology making progress, if not yet profit

Cunard appoints its first woman Captain
Inger Klein Olsen takes command of Queen Victoria

House approves Navy LCS acquisition strategy
20 ship acquisition included in giant spending bill

Sietas books order for wind farm jack-up
first German yard to win installation vessel order

Iranian ships set for Sheriff's sale in Singapore
IRISL blames it on sanctions

Kvichak building second catamaran for Long Beach Transit
Aqualink II under construction

Another $323.6 million for second Ford class aircraft carrier
Northrop Grumman awarded contract modification

Hapag-Lloyd IPO planned for 2011
TUI seeks to complete exit from container shipping

Antarctic cruise ship in trouble - again
Clelia II limps towards Ushuia

Rolls-Royce gets order from Tidewater for PSV design and equipment
will have Azipull propulsors

Nimitz heads to Bremerton - carrying cars
administrative homeport change from Naval Base Coronado to Naval Base Kitsap for year long docking

American Shipbuilding Association to be dissolved
shuts up shop December 31

DNV unveils concept design for LNG-fueled VLCC
doesn't need ballast tanks

Connecticut Maritime Association names Angeliki Frangou as its next Commodore
Will receive award at March 23, 2011, Gala Dinner

Marinette Marine launches LCS 3
Third littoral combat ship hits the water

Retractable anode gets European patent protection
Brunton IonGuard is in-water fully retractable and replaceable anode

NSRP picks new projects for funding
awards total $1.3 million

DryShips to raise $500 million in Ocean Rig private placement
proceeds will be used for drillship newbuild program

Coast Guard issues new security directive on piracy
Guidelines on required measures for U.S.-flag ships in high risk waters

European engine makers to continue joint research project
MAN Diesel & Turbo and Wartsila to seek EC funding for HERCULES-C project

Havyard delivers PSV to Garware offshore subsidiary
fifth ship delivered by Havyard Leirvik to Garware Offshore Services Ltd. in four years

Whistle blowers rewarded in magic pipe case
Atlas Ship Management Ltd. pleads guilty in pollution case

BAE Honolulu gets $6.89 million more for Port Royal repairs
more repair work on ship that grounded in February 2009

Mermaid Maritime affilate orders jack-up rigs at Keppel FELS
order includes options for two more

Salazar announces restrictive new offshore leasing strategy
many promising areas off table for years more

Blount Boats adds to order book
Casco Bay ferry and four passenger vessels for Army

Statue Cruises orders fuel cell powered hybrid ferry
solar cells and wind turbines too.

Wärtsilä offers dual fuel solution for riverboats
teams with Ship Architects, Inc.

Liberia meets new Paris MOU criteria
NIR (New Inspection Regime) starts in January

Coast Guard awards fourth National Security Cutter contract
Northrop Grumman gets $480 million fixed price contract

Tightening labor market ahead for shipping?
BIMCO/ISF manpower study update is released

Eidesvik doubles up on Kleven order
exercises option for second LNG-fueled PSV

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