Latest News
JUNE 18, 2012 — Singapore based Penguin International Limited reports that its associated company, Pelican Offshore Malaysia Corp, has set up a wholly-owned subsidiary in Malaysia named Flex Fleet Sdn Bhd ("Flex Fleet"). The principal…
OSX Brasil S.A. (Bovespa: OSXB3) has obtained financing of $1.3 billion for its Açu Shipbuilding Unit. Subsidiary OSX Construção Naval has entered into contracts with lending agents BNDES (National Development Bank) and CEF (Caixa Econômica…
 15, 2012 — Fosnavag, Norway, headquartered Olympic Shipping AS has added a 115 m subsea support and construction vessel to its newbuilding program at Kleven Maritime AS. Valued at NOK 600 million (about $100 million)…
JUNE 15, 2012 — Overseas Shipholding Group, Inc. (NYSE: OSG) has promoted Captain George Dienis  to Senior Vice President of OSG. He will now assume responsibility for technical management of OSG's international flag conventional crude…
JUNE 15, 2012 — Norwegian shipbuilder Fjellstrand has broken into the wind farm support vessel market with an innovative trimaran SWATH design, the WindServer. Ejsberg, Denmark, based World Maritime Offshore A/S has ordered six of…
JUNE 14, 2012 — Huntington Ingalls Industries (NYSE:HII) has appointed Peter Diakun, vice president and chief technology officer of its Newport News Shipbuilding (NNS) division, vice president of energy programs. Mr. Diakun, a 26-year veteran…
JUNE 14, 2012 — United Against Nuclear Iran (UANI) is calling on Hamburg headquartered classification society Germanischer Lloyd (GL) to stop certifying Iranian shipping vessels, specifically those of the Islamic Republic of Iran Shipping Lines…
JUNE 14, 2012 — Carsten J. Reinhardt has been appointed a member of the corporate board of management of Voith GmbH and as President and CEO of Voith Turbo GmbH & Co. KG. As of…
JUNE 14, 2012 — GE Marine, a business unit of GE Transportation, has won an order for 28 of its Model 8L250 Marine engines to power 14 new tugboats commissioned by the Panama Canal Authority…
JUNE 14, 2012 – BAE Systems San Diego Ship Repair, Inc., San Diego, Calif., is being awarded a $17,100,313 modification to a previously awarded cost-plus-award-fee contract (N00024-11-C-4408) to definitize the USS Howard (DDG 83) fiscal…
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