GulfMark Offshore, Inc. (NYSE: GLF) reported net income of $14.2 million, or $0.54 per diluted share, on revenues of $103.8 million for the quarter ended September 30, 2011. Bruce Streeter, President and
The U.S. Navy recently awarded Huntington Ingalls Inc., Newport News, Va., a $118.98 million modification under a previously awarded contract (N00024-10-C-2102) for engineering, technical, design, configuration management, integrated logistics support, database management,
Under the largest procurement in Canadian shipbuilding history, Irving Shipbuilding Inc. and Seaspan’s Vancouver Shipyards Co. Ltd. emerged as the winners today of Canada’s National Shipbuilding Procurement Strategy. Irving Shipbuilding was selected
Kevin Quigley, who built Vigor Industrial’s Everett Shipyard, Everett, WA, into one of the largest dockside repair centers in the Pacific Northwest, has been named president of Vigor’s US Fab division, which
FMT Industries, LLC–an affiliate of Mandeville, La., based Florida Marine Transporters, Inc.–has signed a contract with Trinity Offshore, LLC to build four 297 ft 6 in x 54 ft x 12 ft,
Korea’s Daewoo Shipbuilding & Marine Engineering has taken this year’s order intake past the $12.5 billion dollar mark by booking contracts worth around $400 million for two 170,000 cu.m LNG tankers for
Louisiana Gov. Bobby Jindal and Huntington Ingalls Industries (NYSE: HII) President and CEO Mike Petters have announced that the State and Huntington Ingalls Industries (HII) have entered into a Memorandum of Understanding
Agribusiness giant Archer Daniels Midland Company (NYSE: ADM) has placed an order with Japan’s Sumitomo Corporation for the construction of three new 95,000 dwt post-Panamax dry-bulk oceangoing vessels, which will increase the
Houston-headquartered Atwood Oceanics, Inc. says that on October 15, 2011, wholly-owned subsidiary Alpha Eagle Company entered into a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd., to construct an
Teekay Corporation (NYSE: TK) has now entered into an agreement with Sevan Marine ASA and holders of more than two-thirds of each of Sevan’s bond loans, that will see it go ahead