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General Dynamics Bath Iron Works, Bath, Maine, is being awarded a not-to-exceed $110,799,779 contract modification to previously awarded contract (N00024-06-C-2303) for long lead time construction for DDG 1001, long lead time material for DDG 1002, and engineering and production support services. The ships are the second and third DDG 1000 Zumwalt class destroyer ...

Rolls-Royce has won a GBP 50 million (about US$ 82 million) contract to design and equip two anchor handling vessels for Norwegian company Farstad Shipping.The vessels have been ordered from STX OSV. The steel hulls will be built in Romania and the outfitting yard will be the STX OSV Langsten shipyard in Tomrefjord, Norway. Delivery of the vessels will be April and ...

Germany's ThyssenKrupp today commented on recent press reports of a planned merger of German and French naval shipbuilding interests. The stories were based on a report in Financial Times Deutchsland on August 1 that had suggested an "EADS of the Sea" was in the works, referring to the European aerospace and defense alliance whose best known unit is Airbus. Saying it was respondi ...

Offshore service vessel giant Tidewater Inc. (NYSE:TDW) today reported first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million. For the same quarter last year, net earnings were $39.8 million, or $0.77 per share, on revenues of $262.5 million. The immediately preceding quarter ended March 31, 2011, h ...

Singapore's Keppel Shipyard Ltd. has secured two contracts worth a total of S$146 million to convert a Floating Production Storage and Offloading (FPSO) unit as well as to fabricate and integrate an external turret mooring system for an existing FPSO unit. The first contract is from Single Buoy Moorings Inc (SBM) for the conversion of the Very Large Crude Carrier (VLCC) ...

Singapore's Marco Polo Marine Ltd. (MPM) has secured a new shipbuilding contract to construct two towing tugs and two deck cargo barges for PT. Pelayaran Nasional Bina Buana Raya Indonesia for apporoximately S$4.6 million (about US$ 3.8 million). MPM subsidiary Marco Polo Shipping Co. Pte Ltd. has just completed the acquisition of a 49 percent equity stake in BBR. Besides ...

Converteam is to design and supply the complete electric power, propulsion and vessel automation system for the U.S. Navy's Mobile Landing Platform (MLP) program. Shipbuilder General Dynamics NASSCO has commissioned Converteam to provide a highly capable and flexible IPS  (integrated power system0 including the tandem propulsion motor powered by variable frequency drives, a ...

Oslo-listed Prospector Offshore Drilling S.A. (PROS) reports that it has entered into a turnkey contract for the construction of two additional high specification harsh environment F&G JU-2000E jack-up drilling rigs at the Shanghai Waigaoqiao Shipbuilding Co. Ltd (SWS) shipyard in Shanghai China. After these two new rig construction contracts, the company will have six new jack- ...

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) says that it has reached agreements for the construction of three new cruise ships – one 132,500-ton vessel for its Costa Cruises brand and two 125,000-ton ships for its AIDA Cruises brand. The ships will be the largest ever constructed for these two cruise lines.A contract has been signed with It ...

Keith Darling has been appointed President of AEP River Operations, LLC, a subsidiary of American Electric Power Co., Inc., effective immediately. He succeeds Mark Knoy, who has been appointed President and CEO of American Commercial LinesIn his new role, Mr. Darling will oversee all managerial and operating activities related to AEP River Operations functions, includin ...