Standard & Poor’s upgrades UK Club outlook

NOVEMBER 20, 2012 — The UK P&I Club (the UK Club), one of the oldest shipping protection and indemnity insurance mutuals, has welcomed an announcement by the ratings agency Standard and Poor’s

Maersk Tankers sells Handygas fleet to Navigator Gas

NOVEMBER 20, 2012 — Maersk Tankers is exiting the Handygas segment. It has sold its 11 handy size gas tankers to Navigator Gas. According to a joint statement, the divestment allows Maersk

OW Bunker charters tanker for GoM bunkering operation

NOVEMBER 20, 2012 — OW Bunker, one of the world’s largest suppliers and traders of marine fuels and lubricants, has chartered the 2011-built double-hulled Elisalex Schulte, which will operate offshore in the

USCG and NTSB join Costa Concordia investigation

NOVEMBER 19, 2012 —The U.S. Coast Guard, joined by the National Transportation Safety Board, will be part of the Italian-led marine casualty investigation into the January 2012 grounding and partial sinking of

ABS in strategic cooperation with Taiwan shipbuilder

NOVEMBER 19, 2012 — ABS has signed a strategic cooperation agreement with Taiwanese shipbuilder CSBC Corp. ABS will support CSBC in vessel and offshore asset construction. It says that the agreement creates

Otto Candies to build new Marin Teknikk subsea vessel

NOVEMBER 19, 2012 — Norway’s Marin Teknikk AS reports that it has signed a contract for design and engineering of a new Subsea Support & Construction vessel for Otto Candies LLC, Des

Jurong Shipyard to build second GVA 3000E for Prosafe

NOVEMBER 19, 2012 — Sembcorp Marine subsidiary Jurong Shipyard (JSPL), and Prosafe have finalized a contract that will see Jurong build a second new generation harsh-environment accommodation semi-submersible of similar design to

Early delivery of FPSO brings BrasFELS a $2 million bonus

NOVEMBER 19, 2012 — Keppel FELS Brasil S/A’s BrasFELS shipyard in Angra dos Reis, Rio de Janeiro, Brazil has delivered FPSO Cidade de São Paulo 19 days ahead of schedule and with

Vigor gets $34.8 million for mobile landing platform work

NOVEMBER 16, 2012 — Vigor Marine L.L.C., Shipbuilding, Portland, Ore., is being awarded a $34,848,589 firm-fixed-price contract for the detail design, construction, installation and systems verification for the mobile landing platform core

Electric Boat gets $88.8 million more for Virginia class work

NOVEMBER 16, 2012 — General Dynamics Electric Boat Corp., Groton, Conn. is being awarded an $88,828,706 modification to previously awarded contract (N00024-10-C-2118) for development studies and design efforts related to Virginia-class submarines.

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