SEPTEMBER 24, 2012 — John Fredriksen’s Seadrill has entered into a turnkey contract to build a new ultra-deepwater drillship at Korea’s Samsung Heavy Industries. The project value price is estimated to be
SEPTEMBER 24, 2012 — The world’s largest container manufacturer, CIMC (China International Marine Containers) is getting into the shipowning business. It has placed a $330 million order with Chinese shibuilder STX Dalian,
SEPTEMBER 21, 2012 — The Coast Guard today exercised a shipbuilding contract option worth $250 million with Bollinger Shipyards of Lockport, La., for the production of six more Sentinel-class Fast Response Cutters
SEPTEMBER 21, 2012 — Ulstein reports that it has entered into a contract with Sinopacific Shipbuilding’s Zhejiang shipyard in Ningbo, China, for the delivery of twelve design packages for platform support vessels
SEPTEMBER 21, 2012 — Twenty-nine vessels controlled by the National Iranian Tanker Company or its front companies have had to haul down the flag of the tiny polynesian island nation of Tuvalu.
SEPTEMBER 20, 2012 — Shell Oil faces a further potential delay in getting the oil spill containment system it must have before drilling into potentially oil-bearing zones in Alaska’s Beaufort or Chukchi
SEPTEMBER 20, 2012 — The House Coast Guard and Maritime Transportation Subcommittee today held a hearing on the challenges the U.S. Coast Guard faces maintaining its aging and increasingly unreliable vessels and
SEPTEMBER 20, 2012 — There’s a ray of hope in the labor dispute that could close 14 ports on the U.S.East and Gulf coasts. It comes in the shape of the following
SEPTEMBER 20, 2012 — BAE Systems Norfolk Ship Repair, Norfolk, Va., is being awarded modifications to two previously awarded Navy contracts. The largest award is a $76,756,663 modification to previously awarded contract
SEPTEMBER 20, 2012 — Barges are playing a key role in increasing the efficiency of a major shipbuilding program. On September 19, Huntington Ingalls Industries’ (NYSE:HII) Newport News Shipbuilding (NNS) division shipped