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ABB Turbocharging reports significant developments with both its latest generation single stage turbochargers and its  "Power2" two stage turbocharging systems.The company's latest generation of high efficiency, high pressure single stage turbochargers is the A100 series. ABB says that the A100 has set a new efficiency record. In final testing of the A190- ...

Deltamarin and Wärtsilä have developed a series of new IMC (Integrated Modular Customized) ferry designs that will undergo extensive model testing. The aim is to achieve considerable cost savings, both in building the ships and in operating them. At the same time, the latest environmental technology will be utilized to meet current and future regulations.Ferr ...

Marcon International of Coupeville, Wash., reports the sale of three twin screw, ocean-going tugs from Malaysian based, International Bulk Trade Pte. Ltd., to a private Central American buyer.The Singapore-registered sister-tugs sold were the 2010 built "Surya Ratna 18"; the 2009 built "Surya Ratna 15" and the 2009 built "Surya Ratna 16". All three tugs we ...

Singapore-listed Yangzijiang Shipbuilding (Holdings) Ltd reports that it entered into six  effective shipbuilding contracts  in the month of March 2011 with an aggregate contract value of US$214.2 million.  The new contracts  comprise two  82,000 dwt bulk carriers, two 10,000 dwt bulk carriers and two 4,800 TEU container ...

According to BOEMRE Director Michael R. Bromwich, filling two newly created job slots at the agency "will address a number of the regulatory weaknesses that have been identified and highlighted following the Deepwater Horizon explosion and resulting oil spill.”  BOEMRE says the search is now on for the Director of the Offshore Training Center, and the Division C ...

Offshore services giant Tidewater Inc. (NYSE:TDW) reports the promotions of Nelson Greer, Mark Handin and Darren Vorst to Vice Presidents of Tidewater companies, effective April 1, 2011.Mr. Greer joined Tidewater in 1982, after completing 13 years in the British Merchant Marine. He completed the Harvard Business School General Management Program in 2006, an ...

FLEX LNG (Oslo Axess: FLNG) is reports that agreements have been executed with InterOil, Pacific LNG, LNGL and Samsung Heavy Industries for an FLNG project that would liquefy natural gas from the onshore Elk and Antelope gas fields in the Gulf Province in Papua New Guinea. Commencement of operations is targeted for 2014.FLEX LNG completed the generic Front End ...

Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung shipyard in South Korea. Total project price is estimated  at $600 million (including project management, drilling and handling tools, spares, capitalized interest and operations preparations). The delivery is scheduled for the third quarter 2013. ...

Marinette Marine Corporation announced that, as prime contractor and program manager, it has been awarded an additional 10 Reponse Boat-Mediums (RB-Ms), and other Program management work, by the U.S. Coast Guard. With an approximate value of $21,850,000, the new boats are part of a multi-year, Coast Guard contract requiring the construction and delivery of up to 250 RB-Ms at a ...

In an 8K filed yesterday, offshore drilling contractor Hercules Offshore, Inc. reports that on April 4, 2011, it received a subpoena issued by the Securities and Exchange Commission  "requesting the delivery of certain documents to the SEC in connection with its investigation into possible violations of the securities laws, including possible violations of the Foreign ...