NTSB reports on towboat grounding

JULY 17, 2018 — The National Transportation Safety Board (NTSB) has issued a Marine Accident Brief on a July 8, 2017, incident in which the uninspected towing vessel Eric Haney, owned by

Liberia makes its maritime law lease financing friendly

JULY 17, 2018 — The Republic of Liberia has amending Liberian maritime law to allow lease financing structures to be recorded as mortgages. As a result, Liberia is the only flag state

OSG orders two U.S. flag tankers at Korean shipyard

JULY 17, 2018 — U.S.-flag tanker operator Overseas Shipholding Group, Inc. (NYSE: OSG) says it has signed binding contracts with South Korea’s Hyundai Mipo Dockyard Company Ltd.for the construction of two 50,000

Kohler adds Engines Inc. to marine generator distributor network

JULY 17, 2018 — Kohler Co. has added Engines Inc., Jonesboro, Arkansas, to its nationwide distribution network for marine generators. Engines Inc. will now be the exclusive distributor for Kohler marine generators

Lockheed Martin gets $450.7 million in FMS funding for MMSC

JULY 16, 2018 — Lockheed Martin Corp., Baltimore, Maryland, is being awarded a $450,744,723 a modification to a previously awarded contract for long-lead-time material and detail design in support of the construction

Van Oord to buy Vroon offshore wind installation subsidiary

JULY 16, 2018 — Rotterdam, Netherlands, headquartered dredging and offshore contracting specialist Van Oord is adding to its U.K. offshore wind related capabilities by signing an agreement to acquire Vroon Group’s MPI

Dakota Creek wins Navy tug contract worth potential $84.5 million

JULY 16, 2018 —Anacortes, Washington, shipbuilder Dakota Creek Industries Inc. has won a $52,979,439 Navy contract for the detail design and construction of four yard tug 808-class harbor tugboats. The contract includes

Bisso Offshore orders two tugs at Eastern Shipbuilding

JULY 16, 2018 — Eastern Shipbuilding Group, Inc. is to build two Robert Allan Ltd. designed RApport 2400 Ship Handing Tugs with escort capability for Bisso Offshore, LLC. Bisso Offshore, LLC, a

Tidewater and GulfMark Offshore to combine

JULY 16, 2018 —Tidewater Inc. (NYSE: TDW) and GulfMark Offshore, Inc. (NYSE: GLF) today announced that the boards of both companies have unanimously approved a definitive agreement to combine the two companies.

CVN 78 returns to Newport News Shipbuilding for yearlong PSA/SRA

JULY 16, 2018 — Naval Sea Systems Command report that the aircraft carrier USS Gerald R. Ford (CVN 78) arrived Newport News Shipbuilding July 14 to begin a yearlong maintenance and upgrade

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