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OCTOBER 26, 2015 — In yet another indication of the slowdown in global offshore drilling activity, Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today reported a mutual agreement with customer Shell EP Wells Equipment Wells Services…
OCTOBER 26, 2015 — Classification society Bureau Veritas is to class the series of 15 Arctic-capable LNG carriers being built by Daewoo Shipbuilding and Marine Engineering (DSME), in South Korea to service the Yamal LNG…
OCTOBER 26, 2015 — The Coast Guard's Inspections and Compliance Directorate has issued a bulletin that provides some clarification on what is meant by the term "first scheduled drydocking" in the USCG rules for compliance…
OCTOBER 23, 2015 — Germany's Federal Ministry of Transport and Digital Infrastructure (BMVI) is providing shipowner Wessels Reederei with funding for the conversion of its containership Wes Amelie to LNG fueling.
OCTOBER 23, 2015 — Swiftships Shipbuilders LLC, Morgan City, LA, is being awarded a $10,976,701 firm-fixed-price delivery order under previously awarded basic ordering agreement N00024-15-G-4209 for one year of services to operate and upgrade the…
OCTOBER 23, 2015 — Norwegian shipbuilder Fjellstrand AS has been awarded a contract worth around NOK 150 million (about $18 million) to convert a PSV that it delivered to Norside AS in April of this…
OCTOBER 23, 2015—DryShips Inc., Athens, Greece, the largest U.S.-listed dry bulk fleet operator, has inked a deal to acquire about 98% of Nautilus OffShore Services Inc. for a purchase price of $87 million plus the…
OCTOBER 23, 2015 — Montreal, Quebec, headquartered Fednav Limited today took delivery of the first of twelve lakers under construction for the company at Japan's Oshima Shipbuilding.
OCTOBER 23, 2015 — Shares in Maersk Group fell sharply today. At one point this morning they were trading around 7% down after the Group adjusted its profit expectation for 2015 from an underlying result…
OCTOBER 22, 2015 — Oslo headquartered Fred. Olsen Energy ASA says that today it received a notice of arbitration from shipbuilder Hyundai Heavy Industries Co. Ltd. (HHI). According to Fred Olsen Energy, the shipbuilder asserts…
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