Banks take control of Bourbon assets
The assets of French offshore services giant Bourbon, which filed for court protection in back in July disclosing liabilities of over $1 billion, have been sold to a group of leading banks.
The assets of French offshore services giant Bourbon, which filed for court protection in back in July disclosing liabilities of over $1 billion, have been sold to a group of leading banks.
Arnout Damen, oldest son of Damen Shipyards Group Chairman Kommer Damen, will become CEO of the shipbuilding group on January 1, 2020. At the same time, the group will switch to a
Lockheed Martin Corp., Baltimore, Md., has been awarded a $1,955,776,266 fixed-price-incentive firm target modification to a previously awarded contract for the detail design and construction of four Multi Mission Surface Combatant ships
Rep. Ed Case (D-Hawaii) has introduced three bills in Congress that would make significant changes to the Merchant Marine Act of 1920 (generally referred to as the “Jones Act”). The Jones Act
Delivery of the first LNG-fueled cruise ship to serve the North American market, Carnival Cruise Line’s Mardi Gras, will be delayed. Shipbuilder Meyer Turku said today that it “is adjusting its production
Vancouver, B.C., based naval architecture firm Robert Allan Ltd. has been awarded a contract by Modutech Marine Inc., Tacoma, Wash.to design a new version of the commercially successful RAscal 1800-Z tugs for
Shane Guidry, CEO of Harvey Gulf International Marine, said today that he has purchased Harvey Gulf’s 30 percent ownership stake in Quality Liquefied Natural Gas Transport (Q-LNG). Guidry previously owned 70 percent
The Government of Canada today announced that Quebec shipbuilder Davie has pre-qualified to become the third strategic partner under the country’s National Shipbuilding Strategy. The NSS’s third yard will build six program
Nippon Paint Marine Coatings reports that its low-friction hull coating system LF-Sea has won a 2020 Japanese Government Award for Global Warming Prevention Activity. LF-Sea incorporates a specially formulated hydrogel that mimics
Lloyd’s Register (LR) has awarded Wärtsilä system-level cyber certification for network architecture relating to Wärtsilä’s integrated main and auxiliary machinery. The LR ShipRight SAFE AL2 certification, which has been awarded to Wärtsilä’s