Author: Administrator

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Noble exercises option for fourth drillship

Noble Corporation (NYSE:NE) today announced that a subsidiary has exercised its option with Hyundai Heavy Industries Co. Ltd. (“HHI”) for the construction of an additional ultra-deepwater drillship, the fourth such drillship to

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Fearnley’s has an App for it

Oslo shipbroker Fearnley’s now has its own ship market smartphone application for the iPhone, iPad or Android. The current App is based on Fearnley’s Weekly Report and covers selected trade routes for

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Ingalls Shipbuilding starts fabrication of fourth NSC

Huntington Ingalls Industries, Inc. (NYSE:HII) reports that its Ingalls Shipbuilding division has celebrated the “start of fabrication” of the U.S. Coast Guard’s fourth National Security Cutter, Hamilton (WMSL 753). The shipbuilding milestone

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SeaArk Marine suspends acceptance of new boat orders

Aluminum boat manufacturer SeaArk Marine, Inc. of Monticello, Arkansas, says that it will temporarily suspend acceptance of new boat orders until further notice. Citing “very sporadic and extremely low (new construction) sales