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ThyssenKrupp AG said Friday that restructuring of its ThyssenKrupp Marine Systems is largely complete. But it also revealed that it will not proceed with the planned the sale of the civil shipbuilding business of Blohm+Voss and HDW to the Abu Dhabi MAR group (combined with a military surface vessel joint venture with Blohm+Voss Naval). "Following two years of amicable talks ...

In the wake of the Deepwater Horizon incident last year, the U.S. Coast Guard is increasing its existing safety inspection regime for foreign-flagged vessels operating in U.S. waters with an additional layer of risk-based safety oversight for mobile offshore drilling units (MODUs). Currently, U.S.- and foreign-flagged MODUs operating in U.S. waters undergo a ...

Asia Offshore Drilling Limited (AOD) recently exercised its first of two options worth $184 million to build a high-specification KFELS B Class jackup rig at Singapore's Keppel FELS shipyard. AOD must still enter into a contract to finalize the order. The rig will be capable of operating in water depths of 350 feet, drilling to 30,000 feet. It will be the third KF ...

Private equity firm J.F. Lehman & Company, New York, N.Y., which has holdings in the defense, aerospace and maritime sectors, announced today that it has acquired US Joiner LLC and Turnbull LLC in partnership with company management.US Joiner, Crozet, Va., outfits marine interiors for U.S. Government and commercial vessel companies. Among its recent project ...

Shipping recruiter Faststream is warning that shipowners that are ordering new LNG carriers could face serious difficulties in finding experienced superintendents to run their new ships in the coming months and years, particularly in Europe.  The U.K.-headquartered Fastream says that it has already seen triple the number of vacancies for shore-based technica ...

General Dynamics NASSCO, San Diego, Calif., announced today that it has received a $60 million contract from the U.S. Navy to purchase long-lead materials for the construction of a third Mobile Landing Platform (MLP) ship. NASSCO is already under contract to build two MLP ships. With this new contract, NASSCO will place orders for the ship’s engines and other components that hav ...

Celebrity Cruises' newest cruise ship, the 2,850-passenger, 122,000 gt Celebrity Silhouette today set sail—in reverse—from the Meyer Werft shipyard in Papenburg, Germany, in preparation for official naming ceremonies in Hamburg and its inaugural cruise this summer in Europe. Maneuvering from the shipyard on the River Ems for 26 miles to the open sea ...

The U.S. Military Sealift Command will charter a U.S.-flag, Ice Class-certified double-hulled product tanker from Maersk Line, Ltd., Norfolk, Va., under a one-year $15,348,703 firm-fixed-price contract. The product tanker will be used in worldwide bulk fuel support to the Department of Defense.  The contract contains three 12-month option periods and on ...

The U.S. Navy has exercised contract options valued at about $313 million to fund the construction sixth and seventh Joint High Speed Vessels (JHSVs) at Austal USA, Mobile, Ala. If the Navy exercises additional options to build a total of 10 JHSVs, the total value of the program could be worth over $1.6 billion. Austal USA’s President and COO Joe Rella cites the ...

One of the world's largest well stimulation vessels, the 300 ft Blue Tarpon, was delivered  to Baker Hughes, Houston, Tex., earlier this month by North American Shipbuilding, Larose, La. Baker Hughes selected naval architectural firm Elliott Bay Design Group, Seattle, Wash., to provide the owner's design for the vessel and integrate th ...