Within days of the launch of its newbuild 50,000 dwt semi-submersible vessel, Finesse, Rotterdam headquartered Fairstar Heavy Transport N.V. reports that sister ship Forte has departed the quayside at Guangzhou Shipyard International
School leaders from several maritime-themed high schools throughout the U.S. will gather at the Maritime Academy of Toledo, Toledo, Ohio, for two days this week as part of a national project to
Oslo-headquartered P&I and defense insurance mutual Skuld is offering a reduction in rates for Maritime Kidnap & Ransom insurance. Skuld has now been offering competitive pricing and tailored wordings in this area
Ocean Rig UDW Inc. (NASDAQ: ORIG), which is majority owned by Dry Ships, Inc.(NASDAQ: DRYS), reports that it has received a Letter of Award (LOA) for its ultra deepwater drillship “Ocean Rig
Stock awards worth $7 million helped bump total compensation for C. Michael Petters, president and CEO of Huntington Ingalls Industries Inc., nearly 126 percent, from $5.7 million in 2010 to $12.9 million
London-headquartered Ensco plc (NYSE: ESV) has ordered a new advanced-capability, ultra-deepwater drillship. It will be built at Samsung Heavy Industries, Co. Ltd.’s shipyard in Geoje, South Korea. The vessel, ENSCO DS-8, will
General Dynamics (NYSE: GD) says that John P. Casey (Right in picture), president of General Dynamics Electric Boat, will succeed Phebe N. Novakovic as executive vice president of the corporation’s Marine Systems
Maritime New Zealand (MNZ) has brought charges against the owner of the cargo vessel Rena, following the ship’s grounding on Astrolabe Reef off Tauranga on October 5, 2011. Greece-based Daina Shipping Co.
STX France reports that it has been informed by Viking River Cruise that it has decided to withdraw from further discussions concerning the project for two luxury cruise vessels announced on December
ETP Engenharia Ltda. is to build 12 Incat Crowther designed fast supply vessels at its Niteroi, Rio de Janeiro, Brazil, shipyard. Six of the 48 m monohull vessls will be owned by