Newbuild jack-up damaged in shipyard crane boom collapse

MARCH 1, 2016 — Offshore drilling contractor Noble Corporation plc (NYSE: NE) reports that its newbuild jack-up rig, the Noble Lloyd Noble, sustained damage on February 28, 2016 following the collapse of

Power Barge in cooperation agreement with BWSC

MARCH 1, 2016 — Dave Nickerson, President of Houston headquartered Power Barge Corporation reports that the company has signed a power barge design/build cooperation agreement with BWSC (Burmeister & Wain Scandinavian Contractors

Incat Crowther joins the search for Nessie

MARCH 1, 2016 — A 20 m catamaran passenger ferry under construction at Exeter Fabrication Ltd in England  will ply the waters of Loch Ness in Scotland, taking tourists in search of

Study raises new questions on methane slip

MARCH 1, 2016 — A study just released by the U.S. Maritime Administration is likely to add to the debate over the relative merits of the Diesel cycle and the Otto cycle

Farstad takes $7.3 million loss on sale of PSV

MARCH 1, 2016 — For the third time this year, Norway’s Farstad Shipping ASA reports the sale of a platform supply vessel at a loss. This time around the vessel is the

ICS issues new edition of Bridge Procedures Guide

MARCH 1, 2016 — The International Chamber of Shipping (ICS) has published a new edition of the ICS Bridge Procedures Guide, a guidance on best practice for safe navigation that is used

Huntington Ingalls gets contract for CVN 73 RCOH planning

FEBRUARY 29, 2016 — Huntington Ingalls Industries (NYSE:HII) reports that its Newport News Shipbuilding division has received a $185.2 million contract option from the U.S. Navy to assist with planning for the

Army awards $147.7 million ship repair contract

FEBRUARY 29, 2016 — The U.S. Army has awarded nine shiprepairers a contract worth $147.7 million for repair and maintenance work on its East Coast vessels. GMD Shipyard Corp., Brooklyn, NY (W911S0-16-D-0009);

Racking up 2015 loss, Vard unveils new strategy

FEBRUARY 29, 2016 — Reporting a net loss of NOK 1.29 billion ($148 million) for FY2015, the heavily offshore focused Vard Holdings today announced a diversification strategy aimed at preserving its core

WinGD approves MHI-MME’s MET turbocharger for X-DF engines

FEBRUARY 29, 2016 — Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME) reports that its MET-MB series turbochargers have been officially approved for installation on the Wärtsilä X-DF, which is

LOAD MORE