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The Investigation Committee of the Russian Federation has detained two senior transportation inspectors over the July 10 sinking of a river cruise vessel that resulted in 122 deaths, the RIA Novosti news agency reportsThe two deck river cruise vessel Bulgaria ...

Singapore-listed Ezra Holdings Limited  reports that its offshore construction division, EMAS AMC, has been awarded a contract by Chevron Thailand that will see it installing wellhead platforms and associated pipelines in the Gulf of Thailand. The project is set to start in early 2012 for a three year firm period (2012  -  2014) with an option period for a ...

Huntington Ingalls Industries, Pascagoula, Miss., is being awarded a $10,999,993 modification to previously awarded Navy contract (N00024-06-C-2304) for research, development, test, and technical services for the DDG 1000 Zumwalt-class destroyer. Technical services include technology development, analytical modeling, qualification of materials, potential design/process improvem ...

Morgan City, La., headquartered Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) yesterday announced its second quarter and six months 2011 financial results. For the quarter ended June 30, 2011, Conrad achieved net income of $5.2 million and earnings per diluted share of $0.81 compared to net income of $3.6 million and earnings per diluted share of $0.56 during the second quarte ...

The U.S. Coast Guard reports that its third National Security Cutter, Stratton, successfully completed rigorous acceptance trials Friday to ensure the cutter meets its contractual requirements and is ready for delivery to the Coast Guard.Stratton's acceptance trials were conducted in Pascagoula, Miss., and at sea in the Gulf of Mexico by the Coast Guard and the U.S. N ...

ABB reports that in the second quarter it booked orders for a total of $200 million from Samsung Heavy Industries, Hyundai Heavy Industries, Keppel FELS and Jurong Shipyard Pte Ltd., to supply equipment for 24 new jack-up and DP drilling vessels and one FPSO."This group of important orders underscores ABB's excellent reputation for delivering comprehensive, reliable solutions ...

Houston headquartered National Oilwell Varco, Inc. (NYSE: NOV) reports that it has signed contracts to supply drilling equipment packages for seven drillships to Brazilian shipbuilder Estaleiro Atlântico Sul ("EAS"), including drilling riser and pressure control equipment. The value, over the term of the deliveries, is approximately $1.5 billion.Pete Miller, Cha ...

U.S. Transportation Secretary Ray LaHood today announced $9.98 million in grants to 13 small shipyards under the U.S Maritime Administration's (MARAD) Small Shipyard Grants Program"These grants will help improve our ability to build and repair ships in the United States, strengthening our economy and helping position these small businesses and shipyard workers to be be ...

The seismic ship on order for  Sanco Shipping AS at Kleven Maritime's Myklebust shipyard in southern Norway (see earlier story) is to be powered by four MAN 8L32/40 engines.Designed by Skipsteknisk AS in Ålesund, the ST 324 CE ty ...

India's Pipavav Shipyard Ltd. has formally changed its name to Pipavav Defence and Offshore Engineering Company Ltd. The board has also taken a decision to convert the existing wet basin at the yard into a second dry dock to "enhance the company's capabilities to cater to growing defense sector demand both within and outside the country."The shipyard originally consisted o ...