Maersk orders two drillships at Samsung Heavy Industries

Maersk Drilling has signed a contract with Samsung Heavy Industries in South Korea for the construction of two ultra deepwater drillships. The drillships are scheduled for delivery in the third and fourth

BAE Systems to complete Jones Act tanker for Mid Ocean Tanker

It looks like one finished Jones Act tanker will come out of AHL Shipping’s failed plan to build three 49,000 dwt tankers in the U.S. using a “virtual shipyard” approach. Mid Ocean

Pasha Hawaii second ship to be RO/RO container combi

Pasha Hawaii’s second ship from VT Halter Marine will not be a clone of its first, the RO/RO Jean Anne. The new ship, the Marjorie C, will be a a combination container

MOL trim optimization system yields 4% fuel savings

Mitsui O.S.K. Lines, Ltd. (MOL) today announced the joint development along with Akishima Laboratories (Mitsui Zosen) Inc. of an optimum trim system for vessels, A pilot test of the system, using a

Otto Marine sells newbuild PSV to Mermaid Maritime Australia

Within days of selling two newbuild anchor handlers, Singapore-listed Otto Marine Limited has entered into a contract that will see the sale to Mermaid Marine Australia Ltd (MMA) of a newbuild 75

LR and ABS release jointly developed CRS software

Lloyd’s Register CEO Richard Sadler (left in picture) and ABS Chairman and CEO Robert D. Somerville (right) have signed an agreement that sees the two classification societies release jointly-developed software that will

Ambassadors to sell Windstar Cruises in court supervised process

Ambassadors International, Inc. (NASDAQ: AMIE) – the parent of Windstar Cruises – and its U.S. subsidiaries on April 1voluntarily filed petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for

Prospector Offshore exercises options for two more jack-ups

Prospector Offshore Drilling S.A. has exercised two of its three options with China’s Dalian Shipbuilding Industry Offshore Co. Ltd. for the construction of two additional high specification harsh environment JU-2000E jack-up drilling

Ingalls Shipbuilding awarded first contract since spin-off

Ingalls Shipbuilding division of Huntington Ingalls Industries, Inc. (NYSE:HII) has been awarded its first U.S. Navy contract since Northrop Grumman spun off its shipbuilding business as Huntington Ingalls.  The award is for

Jasper exercises option for second jack-up from Keppel FELS

Jasper Investments Limited (Jasper) has exercised its option with Singapore’s Keppel FELS Limited shipyard to build a second KFELS B Class jack-up rig at US$180 million for delivery in first half 2013.

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