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Christian Lefèvre, CEO of Paris headquartered offshore services giant Bourbon SA (GBB) says the industry has "arrived at the end of a downturn that has lasted since late 2008, and the market for modern offshore…
Huntington Ingalls Industries, Inc. (NYSE:HII) reports that its Ingalls Shipbuilding division has celebrated the "start of fabrication" of the U.S. Coast Guard's fourth National Security Cutter, Hamilton (WMSL 753). The shipbuilding milestone signifies that 100…
Aluminum boat manufacturer SeaArk Marine, Inc. of Monticello, Arkansas, says that it will temporarily suspend acceptance of new boat orders until further notice.Citing "very sporadic and extremely low (new construction) sales figures for nearly 24…
Germany's NSB Niederelbe Schiffahrtsgesellschaft mbH & Co. KG has chosen Herndon, Va., headquartered GreySide Group, Inc. as its exclusive provider of armed maritime security. Initially, NSB will employ security on those vessels of its managed…
In early August, the fully loaded hopper barge 2001 sank in approximately 25 feet of water while transiting the Kill Van Kull, the waterway that connects Newark Bay to New York Harbor. The barge was…
In its Marine Transportation: Tankers e-newsletter for August 30, Dahlman Rose & Co. reports that weak day rates in the tanker market for older tonnage could lead to increased scrapping.Dahlman Rose says that spot rates…
A tanker managed by Scorpio Ship Management s.a.m. recently completed a voyage from Vitino, Russia to Map Ta Phut, Thailand, via the Northern Sea Route (NSR) -- with the assistance of nuclear powered icebreakers. This…
Measurement Technology NW (MTNW) reports successful implementation of its running line tensiometer (RLT) technology with a Samson synthetic rope in an offshore mooring monitoring project. This implementation is MTNW's first use of tension measurement technology…
Petaluma, Calif., based Alaris Companies LLC has completed an energy audit and report on the U.S. Coast Guard's 110-ft Patrol Boat (WPB) and 225-ft Seagoing Buoy Tender (WLB) cutter classes.Alaris says it identified opportunities to…
VT Halter Marine, Pascagoula, Miss., has delivered Vision/650-10, the last of 10 Articulated Tug Barges (ATBs) in Crowley Maritime Corporation's  650-series newbuild program. The ATB is now ready to enter service and will transport petroleum…
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