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Next month, Burger Boat Company, Manitowoc, Wis., is expected to deliver the 60 ft Fisheries Research Vessel, R/V Coregonus, to the Wisconsin Department of Resources.  The vessel has special significance for Burger Boat because it marks the reinstatement of commercial boat building at the shipyard. Designed by SeaCraft Design, LLC, Sturgeon Bay ...

Noble Corporation (NYSE: NE) reports that a subsidiary has exercised its first option with Hyundai Heavy Industries Co. Ltd. ("HHI") for the construction of an additional ultra-deepwater drillship, the third such drillship to be ordered this year subject to the parties executing a definitive construction contract which is expected to occur within the next week.This increas ...

In an SEC filing, Tidewater Inc. (NYSE:TDW) reports that it has reached agreement with the Federal Government of Nigeria (“FGN”) to settle and resolve the previously disclosed investigation by the FGN relating to allegations that the Nigerian affiliate of a Swiss-based freight forwarder had made improper payments to government officials in Nigeria on behalf of Tidewa ...

American Feeder Lines, which says its vision and mission is the "realization of America's Marine Highways," says it will start operations in the second quarter of 2011. Last year the company hired Hapag-Lloyd veteran Rudy Mack as its COO. Its first service will be  to run a modern container feeder of 1,000-1,300 TEU capacity in a weekly service connect ...

Yesterday morning Interior Secretary Ken Salazar told a House Natural Resources Committee hearing on the Department of the Interior's Fiscal Year 2012 Budget proposal what the Washington Examiner characterized as "a whopper." The video shows him telling it.   ...

At least one potential buyer is interested in Canada's bankrupt Davie Yards. Oslo-listed Cecon ASA, which is the yard's main customer, says it has entered into a preliminary agreement "providing for exclusive negotiations/discussions with a large, well-reputed international company for the purpose of facilitating the purchase of Davie Yards Inc. assets with the view to secure delivery o ...

Singapore's Beng Kuang Marine Limited reports that its wholly-owned subsidiary, Asian Sealand Engineering Pte Ltd., has secured a contract with an established offshore marine company to construct one 142.5 m submersible, transport, launch barge. The value of the contract is $21.0 million (approximately S$26.7 million). The contract is expected to commence in March 2011 ...

A key element of using a "citadel" to protect crews against pirates is to provide a reliable communication link that the crew can use from inside the fortified space to inform patrolling naval forces that they are under attack. This is more difficult than it might at first appear. Once on a vessel, pirates  can quickly disconnect the ship ...

Wärtsilä has been awarded a contract by shipbuilding company STX Finland Oy to supply the propulsion machinery for a new passenger ferry to be built for Viking Line, a Finnish ship owner. The vessel will be the largest passenger ferry to operate on liquefied natural gas (LNG), making it the most environmentally sound and energy efficient large p ...

Polarcus Limited (OAX: PLCS) reports that Polarcus Samur Ltd, a member of the Polarcus Group, took delivery on March 2, 2011 of POLARCUS SAMUR, the fourth 3D seismic vessel to date to join the Polarcus fleet. The vessel was built at the Drydocks World - Dubai shipyard in the United Arab Emirates and is transiting directly to Namibia to commence a charter fo ...