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STX OSV Holdings Limited reports that it has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore.  The combined value of all four contracts exceeds NOK 1 billion (about…
BAE Systems has joined with Mid Ocean Tanker Company (MOTC) to launch the American Phoenix, a U.S. Flag/Jones Act-qualified product chemical tanker, from its Mobile, Alabama, shipyard . Measuring 616 feet long and 105 feet…
Caterpillar Marine Power Systems is providing two 6 M 25 C and two 9 M 25 C MaK propulsion engines for an Ostensjo Rederi AS offshore supply vessel currently being constructed at the Astilleros Gondán…
Sembcorp Marine subsidiary Sembawang Shipyard, in a consortium arrangement with Indonesian shipowner PT Scorpa Pranedya, has secured a US$300 million Floating Storage Offloading (FSO) tanker conversion contract from Mobil Cepu Ltd, a subsidiary of Exxon…
A parade of government and private vessels, including the new Hornblower Hybrid, will be part of the ceremonies marking the 125th anniversary of the Statue of Liberty. Located on a 12-acre island In New York…
Mitsubishi Heavy Industries, Ltd. (MHI), has agreed with Osaka Gas International Transport Inc. (OGIT), a group company of Osaka Gas Co., Ltd., and Mitsui O.S.K. Lines, Ltd to build two new-generation 155,000 cu.m liquefied natural…
The Bureau of Safety and Environmental Enforcement (BSEE) has approved a drilling permit, originally submitted by BP in January 2011, for a new well in deepwater Gulf of Mexico. This is BP's first drilling permit…
Shipbuilders at General Dynamics Bath Iron Works have completed the largest and most complex ship module movement ever executed at the shipyard.  The mid-forebody section of Zumwalt, the lead ship of the DDG-1000 class of…
Wärtsilä has donated the main components of a hybrid diesel propulsion system to the Engineering Department at State University of New York Maritime College. An unveiling and dedication ceremony in mid-October marked the official opening…
Gulf Island Fabrication, Inc. (NASDAQ:GIFI) today reported a net income of $1.6 million ($.11 diluted EPS) on revenue of $85.8 million for its third quarter ended September 30, 2011, compared to net income of $3.5…
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