Eidesvik doubles up on Kleven PSV order

Norway’s Eidesvik Offshore has exercised a NOK 440 million ($71.2 million) option to build a second LNG fueled PSV at Kleven Maritime. Scheduled for delivery from Kleven’s Ulsteinvik shipyard in 2012, the

Pirate gets 30 year prison sentence

In the United States District Court for the Eastern District of Virginia, Judge Raymond A. Jackson today sentenced Jama Idle Ibrahim, a/k/a Jaamac Ciidle, of Somalia ,to 30 years in prison for

Vinashin woes have ripple effect

Developing shipbuilding countries hoping to be “the next Korea,” or “the next China,” might consider the woes of troubled Vietnamese shipbuilder Vinashin — and their impact on the rest of the Vietnamese

Canadian ferry project makes progress

The Government of Newfoundland and Labrador is a step closer to taking delivery of two new medium-size ferry vessels. The 42 m vessels will each carry 16 cars and 80 passengers and

DryShips unit to drill offshore Falkland Islands

Argentina won’t be in George Economou’s vacation plans, most likely. DryShips Inc. (NASDAQ: DRYS) reports that its fully-owned subsidiary Ocean Rig UDW Inc has signed a contract with Borders & Southern Petroleum

Petrobras unseals bids for presalt rigs

Petrobras has opened the sealed bids submitted in a three part tender intended to lead to the construction, in Brazil, of 28 offshore drilling rigs required for development of the pre-salt zone.

Singapore invests in marine fuel cell research

Singapore is investing up to Singapore $6 million (US$ 4.5 million) in maritime fuel cell research. The Maritime and Port Authority of Singapore (MPA) and Temasek Polytechnic (TP) have signed a Memorandum

Canada awards design contracts for research vessels

Canada’s Minister of Fisheries and Oceans, Gail Shea, has announced the award of contracts for the design of four new scientific research vessels the Canadian Coast Guard. A $2.5 million contract for

Keppel FELS books jack-up order

Norwegian billionaire investor Øystein Stray Spetalen has joined the parade of those seeing opportunities ahead for newbuild jack-up rigs. Standard Drilling, a subsidiary of Mr. Spetalen’s Ferncliff TIH AS investment company, has

Newport News and Ingalls shipbuilding names set for revival

Time to repaint some gantry cranes? Northrop Grumman continues its preparations for a spin off of its shipbuilding operations to its shareholders. According to an SEC filing today by New Ships, Inc.,

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