Norway’s Bergen Group BMV has been awarded contracts for the construction of three multi-purpose offshore vessels for Sartor Offshore AS. The contracts have total value of about NOK 1 billion (US $168.5
Failure of the vessel’s Kort nozzle struts may have led to the March 23, 2008, sinking of the fish-processing vessel Alaska Ranger and the subsequent loss of five of the 47 people
Though the price of the ship has yet to be disclosed, Hapag-Lloyd Cruises today released a few more details about MS EUROPA 2, the newbuilding from STX France that is set to
A series of 9,000 TEU containerships will cut fuel consumption by 10 percent and CO2 emissions by 90 tonnes a day as a result of an improvement in the hull lines. The
The U.S. Coast Guard has granted ABS the authority to issue Certificates of Fitness on its behalf to U.S.-flagged offshore supply vessels (OSVs) that transport or handle limited amounts of hazardous and
Metairie, La. headquartered Triton Diving Services, LLC has gotten an equity injection from Grey Mountain Partners, LLC , a Boulder, Colo.-based private equity firm. The investment, says Grey Mountain, “provides Triton with
Whatever may be happening on the Baltic Dry Index, shipowners are still ordering bulk carriers. Among shipyards getting bulker orders is China’s Yangzijiang Shipbuilding (Holdings) Ltd. It reports that it entered into
General Dynamics Electric Boat plans a $40-million expansion at its Quonset Point, R.I. facility and the addition of 400 jobs at the plant. Electric Boat President John P. Casey gave the news
Britain’s BAE Systems says it has successfully demonstrated a prototype device that will serve as an effective non-lethal deterrent against pirate attacks on shipping. It is a laser beam capable of providing
The American Petroleum Institute said today that the industry has already taken significant action to further improve safety in offshore operations consistent with the recommendations of the presidential commission on the Deepwater