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APRIL 11, 2013 —  The Department of the Navy yesterday released its proposed $155.8 billion budget for fiscal year 2014. Rear Adm. Joseph Mulloy, deputy assistant secretary of the Navy for budget, said at a press briefing yesterday that the Navy and Marine Corps portion of the Department of Defense budget was a $4.2 billi ...

APRIL 11, 2013 — Incat Crowther has been awarded contracts to design two types of new fast oilfield service vessels for Arpoador Engenharia of Brazil. One is 36 m monohull crewboat that will meet the Petrobras type P2 specification and the second is a 48 m monohull fast supply vessel that will comply with the Petrobras type UT4000 spe ...

APRIL 11, 2013 — DNV is inviting industry to participate in a project aimed at reducing failure of the jacking gears of self-elevating units and jack-ups. Though jacking gears are, by definition, the most characteristic systems of these units, this equipment remains often neglected on board, ...

APRIL 11, 2013 — Royal Boskalis Westminster N.V. (Boskalis) announces that it has signed a Memorandum of Understanding (MoU) with Sudamericana Agencias Aereas y Maritimas S.A. (SAAM) for a joint harbor towage operation in the Americas. The partnership would involve two joint ventures and is between Smit, a whol ...

APRIL 11, 2013 — Hyundai Heavy Industries (HHI) reports that it has won a $1.9 billion order to build a Floating Production Storage and Offloading unit (FPSO) for Chevron North Sea Ltd. Hyundai Heavy will carry out engineering, procurement, and construction for the floating offshore facility to be deployed ...

APRIL 10, 2013 — Zentech, Inc., a Houston based marine engineering and naval architecture consulting firm, specializing in the offshore oil and gas and renewable energy industries, today announced the appointment of Brad Adkins as Vice President of Sales. "Brad brings an ideal background of top-level selling to ...

APRIL 10, 2013—The world’s largest pipelay vessel—more than three American football fields long—will be  coming to the U.S. Gulf of Mexico and offshore Brazil. Owned by Italy’s Saipem, the M/V Castorone currently is  contracted for work on three projects in the Gulf of  Mexico: Amberjack Pipeline’s 2 ...

APRIL 10, 2013 — The U.S. Maritime Administration has published a notice in the Federal Register saying that under the Small Shipyard Grant Program, there is currently $9,457,986.00 available for grants for capital and related improvements to qualified shipyard facilities that will be effective in fostering efficiency, competitive opera ...

APRIL 10, 2013 — The International Longshoremen's Association reports that its members at ports on the U.S. Atlantic and Gulf coats have "overwhelming approved" a new six-year master contract negotiated  with United States Maritime Alliance (USMX), an alliance of container carriers, direct employers, and port associations serving ...

APRIL 10, 2013 — While the threat posed by Somali piracy may have moderated, pirate activity in the Gulf of Guinea remains a growing problem. In a recent loss prevention bulletin, the UK P&I Club gave the following update from its correspondents in the area. “In the Gulf of Guinea, we would remind you that the pira ...