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What's reported to be "aggressive" corrosion has been found in USS Independence (LCS-2), the first Austal-built littoral combat ship.According to a Bloomberg News report, the corrosion is in the propulsion areas  and permanent repair will require dr ...

Singapore's Keppel FELS shipyard reports that is on track to deliver ENSCO 8504, the fifth of seven ENSCO 8500 Series ultra-deepwater semisubmersible drilling rigs being built exclusively for Ensco plc (NYSE: ESV). The proprietary ENSCO 8500 design can drilling in up to 8,500 feet of water, and can be upgraded to 10,000 feet water-depth capability if required. The design inclu ...

Two Suezmax tankers and four bulkers being built for Ciner Shipping Industry & Trading are to have Ocean Saver Mark II ballast water treatment systems. Ciner Shipping is a subsidiary of Turkey's Ciner Group. The suezmax tankers are being built at China's Bohai Shipbuilding Heavy Industry and the four bulk carriers at SPP Shipyard in Korea.OceanSaver's ...

Angeliki Frangou, Chairman and CEO of Navios Maritime Acquisition Corporation (NYSE: NNA) says "we are pleased to add significant cash flow by acquiring quality vessels at a good price."Navios Acquisition has agreed to acquire two 50,000 dwt MR2 product tankers built in 2009. The vessels are employed under long-term charter-out contracts with a remaining term of thre ...

Aker Solutions has won a contract from Daewoo Shipbuilding & Marine Equipment to supply a complete drilling equipment package for a new deepwater drillship.The contract is worth about NOK 540 million. The drillship will be owned and operated by Tungsten Explorer Company, a subsidiary of Vantage Drilling Company (NYSE Amex: VTG)."We are very ...

Rolls-Royce said yesterday that it had received orders worth over £100 million (about $161 million) to supply propulsion systems for offshore construction and drilling vessels.The ships will be built at shipyards in Asia for a range of shipowners including Seadrill, Pacific Drilling, Noble, Ocean Rig and Pride.Anders Almestad, Rolls-Royce, Presiden ...

Dimitrios Grifakis, 57, of Kallithea, Greece, was sentenced yesterday by U.S. District Judge Marvin J. Garbis to six months in prison, followed by two years of supervised release, for obstructing a Coast Guard inspection that took place in May 2010 aboard a Liberian-operated cargo ship M/V Capitola at the Port of Baltimore, says the U.S. Department of Justice.   Gri ...

Canada's troubled Davie Yards is set to get orders for two ferries, once a planned acquisition by a consortium of Fincantieri and DRS Canada is complete.The Government of Québec has announced that it will soon seek Canadian and international offers to build a 130 m ferry to replace the 37 year old MV Camille-Marcoux operated by La Société des traversiers du Québec on the , M ...

Tug and barge giant Kirby Corporation (NYSE:KEX) today confirmed and narrowed its 2011 second quarter earnings guidance to the $.72 to $.77 per share range compared with 2010 second quarter earnings of $.54 per share. Kirby anticipates the Mississippi River System's high water and flooding conditions will continue until late June or early July and estimates the negative impact from ...

Wärtsilä Corporation and Metso Corporation have signed an agreement to cooperate in developing and delivering exhaust gas scrubber systems for marine applications. Metso is to supply the scrubber units, while Wärtsilä is responsible for world-wide sales and integration of complete, certified, documented marine scrubber systems, including automation, water treatment, and ...