Aker Philly and Crowley seal JV deal

NOVEMBER 8, 2013 — Aker Philadelphia Shipyard ASA (Oslo: AKPS) reports that its wholly owned U.S. subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), and Crowley Maritime Corporation have completed definitive documentation and satisfied

Cecon ASA restructures financing for for Davie trio

NOVEMBER 8, 2013 — Cecon ASA reports that a restructuring of financing has been agreed for the three construction vessels (hulls 717, 718, and 719) building for it at Chantier Davie Canada

Hempel backs new coating with performance guarantee

NOVEMBER 8, 2013 — Coatings supplier Hempel has launched Hempaguard, a new hull coating concept that, it says, offers both outstanding resistance to fouling during idle periods and significant fuel savings. The

Electric Boat gets $7.1 million for ARDM-4 work

NOVEMBER 7, 2013 — General Dynamics Electric Boat Corp., Groton, Conn., is being awarded a $7,103,796 modification to previously awarded contract (N00024-10-C-4301) to provide ship’s force duties; protection and operation; and organizational-level

MARAD funds two LNG-as-fuel projects

NOVEMBER 7, 2013 — A steam turbine powered Horizon Lines containership that is to be converted to LNG propulsion was originally delivered in 1980 to Waterman Line — as a barge carrier.

U.K. naval shipbuilding set for restructuring

NOVEMBER 7, 2013 — With British taxpayers braced to receive more bad news on the costs of the two Queen Elizabeth class aircraft carriers, BAE Systems says it has reached agreement in

Transocean orders five jack-ups, options five more

NOVEMBER 7, 2013 — Transocean Ltd. (NYSE: RIG) has awarded Singapore’s Keppel FELS shipyard contracts for the for the construction of five Super B 400 Bigfoot Class jack-up drilling rigs. The first

Thai shipyard launches Incat Crowther catamaran ferry

NOVEMBER 7, 2013 — Dolphin Chumphon Marine, Thailand, has launched the  453 passenger 32 m catamaran ferry Maehaad. It is the sixth vessel designed by Incat Crowther for Lomprayah High Speed Ferries,

Prosafe signs LOI for two semi-subs

NOVEMBER 7, 2013 — Oslo-listed Prosafe has agreed a Letter of Intent (LOI) with China’s COSCO (Qidong) Offshore Co. Ltd. for the Engineering, Procurement and Construction of two semi-submersible accommodation vessels, with

Matson orders two Jones Act containerships at Aker Philly

NOVEMBER 6, 2013 — Matson, Inc. (NYSE: MATX) reported today that its subsidiary, Matson Navigation Company, Inc., has signed a contract with Aker Philadelphia Shipyard Inc. (APSI) to build two new 3,600

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