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MAY 28, 2012 –Petrobras subsidiary Transpetro reports that it has suspended  execution of its contracts 16 of the 22 tankers it has on order from shipbuilder Estaleiro Atlântico Sul  (EAS). The contracts will remain suspended…
MAY 28, 2012 – Hyundai Heavy Industries (HHI), has won a $700 million order to build a semi-submersible drilling rig for Fred Olsen Energy. Hyundai Heavy, as a turnkey contractor, will undertake all works including…
MAY 25, 2012 —The International Chamber of Shipping (ICS) has sent a strongly worded letter to the Panama Canal Authority (ACP) describing plans to increase tolls by up to 15 percent as "simply unacceptable." ICS…
MAY 25, 2012 — The Master and Second Officer of the containership Rena were today each sentenced  to seven months imprisonment on a total of 11 charges laid by Maritime New Zealand (MNZ), following an…
MAY 25, 2012—The Netherland’s Damen Shipyards Group will now have two ship repair yards in Sweden, following its acquisition of the shares of Swedish ship repair and maintenance yard Oskarshamnsvarvet in Oskarshamn. Oskarshamnsvarvet is a…
MAY 25, 2012—The U.S. National Transportation Safety Board (NTSB) recently concluded that the probable cause of a loss of propulsion control of a Staten Island Ferry two years ago was the failure of a solenoid.…
MAY 25, 2012—This summer, the Marine Well Containment Company (MWCC), Houston, TX, will conduct a live drill to deploy its new capping stack well control equipment in the Gulf of Mexico as part of an…
May 24, 2012 — Huntington Ingalls Industries (NYSE:HII) reports that its Newport News Shipbuilding (NNS) division has marked a construction milestone: lowering the final keel section of the nuclear-powered aircraft carrier Gerald R. Ford (CVN…
May 24, 2012 — The Port of Los Angeles has prepared a Draft Environmental Impact Report (EIR) for the City Dock No. 1 Marine Research Center Project, which plans to offer a unique and ideally…
May 24, 2012 — Ingram Barge Company today completed its acquisition of U.S. United Barge Line, LLC ("UBL"), a barge transportation company headquartered in Tampa, Florida. Following the receipt of necessary government approval and satisfaction…
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