Seadrill orders tender rig at COSCO Nantong

Seadrill has exercised an option to build a new tender rig at the COSCO Nantong Shipyard in China. The new unit, T18, is set for delivery from the shipbuilder in the fourth

Cal Dive, Cashman and Hochtief unit picked for Cape Wind construction

Cape Wind has selected a joint venture team of Flatiron Construction Corp., Cal Dive International, Inc. (NYSE:DVR), and Cashman Equipment Corp. as its construction contractor to build America’s first offshore wind farm

Corps of Engineers takes delivery of towboat from Horizon Shipbuilding

 Shipbuilding, Inc. of Bayou La Batre, Alabama has delivered the M/V General Irwin, a 58 ft x 22 ft x 4 ft 10 in inland river towboat to the U.S. Army Corps

Bergen Risk Solutions says Nigerian pirates now using mother ships

Bergen Risk Solutions, the Norwegian based specialist in political, maritime and security risk assessments that puts a special focus on Nigeria and the Niger Delta, has identified a worrying new trend in

ABB says new service contract will cut Carnival fuel costs by up to $1 million per ship

ABB has won a long-term service contract from Carnival Corporation to maintain and upgrade ABB’s Azipod equipment over the next 15 years for 20 ships in the cruise giant’s fleet, cutting costs

Shipping performance benchmarking project passes 1,000 ship milestone

Captain Kuba Szymanski, Secretary General of Intermanager, says that a shipping performance benchmarking project started by the ship managers’ association is making “excellent progress.” The Shipping Key Performance Indicator Project, initiated by

Horizon Lines reports loss making fourth quarter

Horizon Lines, Inc. (OTCQB: HRZL) reports financial results for the fiscal fourth quarter ended December 25, 2011 that include a 2010 fourth-quarter net loss from continuing operations of $43.6 million, or $35.49

SEAJON christens first ATB built in Erie since 1972

SEAJON, LLC, a partnership between SEACOR Holdings Inc. and Donjon Marine Co., Inc., held an open house April 10 at the Donjon Shipbuilding and Repair facility in Port Erie, Pa., for news

Horizon Lines converts debt to stock and reaches deal with Ship Finance to terminate charters

Horizon Lines, Inc. (OTCQB: HRZL) says that it has completed transactions with more than 99 percent of its noteholders, and with Ship Finance International Limited, to substantially deleverage the company’s balance sheet

IHC Merwede gets financing in place to start pipelayer construction

IHC Merwede has put together the financing it needs to get started on a major shipbuilding export project. As we reported in March, IHC Offshore & Marine has signed two contracts with

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