Parker to take $15.8 million FCPA-related charge

FEBRUARY 15, 2013 — Houston headquartered Parker Drilling Company (NYSE-PKD) says it has reached an agreement in principle with the Department of Justice and the staff of the Securities and Exchange Commission

AMSEC employee wins ship repair safety award

FEBRUARY 15, 2013 — Casey Tarnowski, an employee of Huntington Ingalls’ AMSEC LLC subsidiary, has won the annual Safety Suggestion Award contest hosted by the Virginia Ship Repair Association (VSRA). Mr. Tarnowski

Esri looks to expand ocean industry use of GIS

FEBRUARY 15, 2013 — Redlands, CA, based geographic information system (GIS) specialist Esri has hired Drew Stephens to expand the market for GIS within the ocean industry. A geographic information system (GIS)

India mandates anti-piracy CCTV

FEBRUARY 15, 2013 — The BMP4 Best Management Practices for protecting vessels against piracy recommend the installation of closed circuit television (CCTV) systems. Gentay Pte Ltd, which specializes in maritime CCTV systems,

DFDS gives final nod for RO/RO deal with P+S Werften

FEBRUARY 15, 2013 — Danish operator DFDS says that “all conditions have been met for the two newbuilding contracts between DFDS and the German shipyard P+S Werften GmbH, Stralsund, concerning the construction

Federal judge accepts Transocean guilty plea

FEBRUARY 15, 2013 — U.S. District Judge Jane Triche Milazzo of the Eastern District of Louisiana, yesterday accepted Transocean Deepwater Inc.’s plea of guilty to a violation of the Clean Water Act

STX OSV announces three OSCV orders in one day

FEBRUARY 14, 2013 — After starting the day with news that it had secured a new contract for the design and construction of an Offshore Subsea Construction Vessel (OSCV) for Solstad Offshore

Bouchard orders 250,000 bbl ATB at VT Halter

FEBRUARY 14, 2013 — Bouchard Transportation Co., Inc., Melville, NY, has awarded VT Halter Marine, Inc. a new contract to build an articulated tug barge (ATB) unit. The contract includes an option

Private equity firm acquires Kobelt

FEBRUARY 14, 2013—Private equity investment firm Bow River Capital Partners, Denver, CO, has acquired propulsion control specialist Kobelt Manufacturing, Surrey, BC, Canada. For more than 50 years, Kobelt Manufacturing has built high-quality

DOF Subsea comments on Harvey Gulf charter

FEBRUARY 14, 2013 — As we reported earlier, DOF Subsea has entered into a long-term charter agreement with Harvey Gulf International Marine for the newbuild DPII Multipurpose Construction Vessel, the Harvey Deep

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