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General Dynamics (NYSE: GD) says that John P. Casey (Right in picture), president of General Dynamics Electric Boat, will succeed Phebe N. Novakovic as executive vice president of the corporation's Marine Systems group. Novakovic was…
Maritime New Zealand (MNZ) has brought charges against the owner of the cargo vessel Rena, following the ship's grounding on Astrolabe Reef off Tauranga on October 5, 2011. Greece-based Daina Shipping Co. has been charged…
STX France reports that it has been informed by Viking River Cruise that it has decided to withdraw from further discussions concerning the project for two luxury cruise vessels announced on December 21, 2011. The…
ETP Engenharia Ltda. is to build 12 Incat Crowther designed fast supply vessels at its Niteroi, Rio de Janeiro, Brazil, shipyard. Six of the 48 m monohull vessls will be owned by Baru Offshore Navegação,…
Qatar headquartered Gulf Drilling International (GDI) reports that it has placed an order for a Pacific Class 400 jack-up drilling rig with Singapore's PPL Shipyard Pte Ltd (PPL) for delivery in March of 2013. This…
General Dynamics National Steel and Shipbuilding Co., San Diego, Calif., is being awarded a $68,915,249 modification to previously awarded contract (N00024-08-C-4410) for USS Comstock (LSD 45) fiscal 2012 Extended Docking Phased Maintenance Availability. An Extended…
China's Chengxi Shipyard is to build a series of Deltamarin designed B.Delta37 bulk carriers for the China Navigation Company. The new orders (four ships,plus options for up to six more) are the first B.Delta37 bulk…
Singapore's Keppel Shipyard Ltd. has secured Floating Production Storage and Offloading (FPSO) upgrade projects from its long-term partners SBM Offshore N.V. (SBM Offshore) and Bumi Armada Berhad (Bumi Armada). The combined contract value of the…
Existing shareholders in Copenhagen headquartered Torm  A/S (NASDAQ: TRM) are bracing themselves for a likely "substantail dilutive effect"on the value of their shareholdings. The Torm share was trading above $4 a pop a year ago…
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