Panama Canal expansion could face 3-5 year delay

FEBRUARY 6, 2014 — All those post-Panamax ships that shipowners have been ordering may not be able to pass through an expanded Panama Canal as early as projected. There has been a

Another HOS OSV makes a splash at Eastern

FEBRUARY 5, 2014 — Eastern Shipbuilding Group’s Allonton Shipyard, Panama City, FL, last month launched the sixth of twelve offshore service vessels it is building for Hornbeck Offshore Services. The vessel, the

Impairment charges hit Tidewater net earnings

FEBRUARY 5, 2014 — The most recent Annual Report from offshore services giant Tidewater Inc. (NYSE:TDW) was full of all sorts of imagery of runners, with the one sporting the company’s logo

Trailing suction hopper dredge to be IHC’s largest yet

FEBRUARY 5, 2014 — Sliedrecht, the Netherlands, headquartered IHC Merwede is to start construction of the largest trailing suction hopper dredge that it has ever produced. It has been ordered by China’s

NTSB to hold forum on cruise ship safety

FEBRUARY 5, 2014 — The National Transportation Safety Board will hold a public forum on cruise ship safety and oversight on March 25-26 in Washington, DC. “Cruising is a rapidly growing segment

Now Euronav eyes OSG vessels

FEBRUARY 5, 2014 — Having just acquired 15 Maersk VLCCs, Antwerp, Belgium, Euronav (NYSE EURONEXT: EURN) is looking to go shopping for some OSG tonnage — with the help of private equity

Ensco sells two oldies

FEBRUARY 4, 2014 —  Offshore drilling contractor Ensco plc (ESV) has sold its two remaining cold-stacked jack-up rigs for $33 million. The net book value of the two rigs, ENSCO 69 and

LHA 6 sails through Navy acceptance trials

FEBRUARY 4, 2014 — The amphibious assault ship America (LHA 6) completed acceptance trials off the coast of Pascagoula, Miss., Jan. 31. The Navy’s Program Executive Office, Ships, says that during the

GD Electric Boat gets $520 million more for Virginia Class

FEBRUARY 4, 2014 — General Dynamics Electric Boat Corp., Groton, CT, is being awarded a $520,000,000 undefinitized contract action under existing contract (N00024-12-C-2115), for additional long lead time material associated with the

Fjord Line takes delivery of second LNG fueled cruise ferry

FEBRUARY 4, 2014 — Norway’s Bergen Group Fosen shipyard has successfully delivered the LNG fueled cruise ferry MV Bergensfjord to Fjord Line. The cruise ferry is a sister ship of MV Stavangerfjord

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