Maersk declares option for two more drillships
Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy Industries in South Korea and has obtained a
Author: Administrator
Marco Polo Marine to build five barges for Indonesian client
Singapore-listed Marco Polo Marine Ltd. has secured a new shipbuilding contract to construct five barges for a third-party Indonesian customer for approximately Singapore $10 million (about US $8.1 million). Under the contract,
Damen Shipyards set to introduce ASD Tug 3212
The Damen Changde shipyard in China has delivered the ASD tugs Karloo and Kalarka to Half Tide Marine Pty Ltd of Australia. The tugs were built to the highly successful ASD Tug
Opening of Arctic won’t lead to significant increase in oil production, says study
While a decrease in ice will allow increased shipping activity in the Arctic, it won’t lead to a significant increase in oil and gas production over the next two decades, according to
Captain of pirated vessel to receive IMO award for bravery
The Council of the International Maritime Organization (IMO) has unanimously endorsed the decision of a Panel of Judges that the 2011 IMO Award for Exceptional Bravery at Sea should go to Captain
Kirby completes acquisition of K-Sea
Publicly traded Kirby Corporation, Houston, Tex., finalized its $604 million acquisition of K-Sea Transportation Partners L.P., East Brunswick, N.J., greatly expanding its presence in the coastwise marine petroleum refined products transportation business.
ThyssenKrupp rethinks Blohm+Voss plans
ThyssenKrupp AG said Friday that restructuring of its ThyssenKrupp Marine Systems is largely complete. But it also revealed that it will not proceed with the planned the sale of the civil shipbuilding
U.S. Coast Guard increases safety oversight on MODUs
In the wake of the Deepwater Horizon incident last year, the U.S. Coast Guard is increasing its existing safety inspection regime for foreign-flagged vessels operating in U.S. waters with an additional layer
Jackup rig order for Keppel FELS shipyard
Asia Offshore Drilling Limited (AOD) recently exercised its first of two options worth $184 million to build a high-specification KFELS B Class jackup rig at Singapore’s Keppel FELS shipyard. AOD must still
JF Lehman acquires US Joiner
Private equity firm J.F. Lehman & Company, New York, N.Y., which has holdings in the defense, aerospace and maritime sectors, announced today that it has acquired US Joiner LLC and Turnbull LLC