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GAO report raises questions about LCS

JULY 26, 2013 — Lawmakers are going to look very hard at Navy plans to make major design changes to the two Littoral Combat Ship (LCS) variants, even as production is ramped

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Dynagas takes delivery of ice-class LNG tankers

JULY 26, 2013 — Dynagas, the liquefied natural gas (LNG) shipping arm of Greece’s George Prokopiou shipping enterprises, has today taken delivery of Arctic Aurora, the second of two ice-class membrane LNG

Malaysia’s Coastal wins OSV orders

JULY 26, 2013 — Malaysia’s Coastal Contracts Bhd reports that its wholly-owned subsidiaries, Coastal Offshore (Labuan) Pte Ltd and Thaumas Marine Ltd have collectively secured shipbuilding contracts for the sale of five

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Halliburton cops plea in Deepwater Horizon case

JULY 25, 2013 — Halliburton Energy Services Inc. has agreed to plead guilty to destroying evidence in connection with the Deepwater Horizon disaster, the Department of Justice reports. A criminal information charging

Kirby reports increased second quarter earnings

JULY 24, 2013 — Kirby Corporation (NYSE: KEX), the largest U.S. domestic tank barge operator, reported second quarter results that saw net earnings $63.1 million, or $1.11 per share, compared with $47.6