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As Marine Engineers' Beneficial Association (MEBA District 1) members picketed its ships, Liberty Maritime Corporation of Lake Success, N.Y., today announced that it has entered into a new collective bargaining agreement with the American Maritime…
Singapore's Keppel FELS shipyard has secured a contract  worth US$199 million for a high-specification KFELS B Class rig from Safin Gulf FZCO (Safin). Scheduled to be delivered to Safin in third quarter 2012, the rig…
Rolls-Royce has received its first order for vessels based on its Environship concept. It will design and provide integrated power and propulsion systems for two technologically advanced cargo vessels, which have been purchased by Norwegian…
Ultrapetrol (Bahamas) Limited reports that it has entered into contracts with a new customer, a first class international company, to transport 400,000 tons of iron ore per year over a period of four years starting…
BC Ferries President and CEO David L. Hahn this week announced plans for a major cost containment effort - and said that, as part of it, he had "elected to retire effective December 31, 2011."…
Teekay Corporation (NYSE: TK) today announced has reached an agreement in principle to acquire three floating production storage and offloading (FPSO) units from Norway's Sevan Marine ASA , a developer, owner and operator of cylindrical…
GAC Protective Solutions says that a maritime security alert has been issued after an aborted pirate attack was reported around 500 NM east of Socotra on September 29, 2011.The vessel, a chemical tanker, came under…
Oregon Iron Works, Inc., Clackamas, Oregon (H9222-11-D-0080), and United States Marine, Inc., Gulfport, Miss. (H92222-11-D-0079), are each being awarded an indefinite-delivery/indefinite-quantity contract with a maximum order limitation of $400,000,000 and issued concurrent delivery orders ($6,994,132…
BOEMRE Director Michael R. Bromwich says "a critical step" has been taken in reorganization of the former Minerals Management Service (MMS). A final rule becomes effective October 1, 2011 that separates the federal regulations that…
SBM Offshore has signed an agreement with Naval Ventures Corp. (a unit of entrepreneur Germán Efromovich's Rio-headquartered Synergy Group). The agreement will see the two companies cooperate and work together through one or more special-purpose…
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