Stena and Austal settle patent dispute
In what it calls “a gratifying end” to a long running patent infringement dispute in Australia, Sweden’s Stena Rederi AB says that it and Australian shipbuilder Austal have “reached an amicable settlement,
Author: Administrator
Inmarsat swoops on VSAT specialist Ship Equip
Inmarsat plc (LSE: ISAT.L) is acquiring Ship Equip International A.S. for a total consideration of $159.5 million. Based in Alesund, Norway, Ship Equip is a provider of VSAT maritime communications services to
Northrop Grumman completes Huntington Ingalls spin off
Huntington Ingalls Industries, Inc. (NYSE:HII) has begun operating as a new, independent and publicly traded company as trading of its shares commenced this morning. Huntington Ingalls Industries, America’s largest military shipbuilder, was
STX OSV books order for PSV 09
STX OSV Holdings Limited says that it has secured a new contract for the design and construction of a Platform Supply Vessel for an undisclosed customer. The vessel will be of STX
Otto Marine sells under-construction AHTS duo
Singapore-listed Otto Marine Limited says that its shipbuilding arm and wholly-owned subsidiary, Otto Offshore Limited has entered into a sales agreement to sell two 8,000 bhp AHTS to a third party at
Sartor Offshore orders PSV at Havyard
Bergen, Norway, based Sartor Offshore has placed a NOK 300 million order for a Havyard 832 L platform supply vessel for delivery from the Havyard Leirvik shipyard in Sogn, Norway, in January
American Salvage Association establishes Education Committee
The American Salvage Association (ASA) has established an Education Committee committed to promoting general maritime industry interest with a focus on marine salvage and to help develop maritime industry expertise through interactive
Siem Offshore gets into submarine cable installation business
Norway’s SiemOffshore Inc. says it is getting into the business for submarine cable installation, repair and maintenance projects. It has reached an agreement with the shareholders of Leer, Germany, based Five Ocean
Donjon Shipbuilding completes ATB tugboat unit
Donjon Marine Co., Inc., along with partner SEACOR Holdings Inc. have announced the completion of the tugboat, Ken Boothe, Sr. The 10,700 horsepower tug will work as the barge unit of an
SBM Offshore inks LOI for OSX FPSO
SBM Offshore has executed a Letter of Intent (LOI) with OSX 2 Leasing BV, an indirect subsidiary of OSX Brasil S.A. and part of Eike Batista’s EBX Group. SBM says the LOI