Nam Cheong books AWB order

JUNE 23, 2014 — Malaysia’s largest offshore support vessel builder, Nam Cheong Limited, has won an order worth around $84 million to build two Accommodation Work Barges, with the option to purchase

NAO firms up PSV duo order at Vard

JUNE 23, 2014 — Nordic American Offshore Ltd. (NYSE:NAO) has firmed up a letter of intent announced earlier this month and entered into agreements to purchase two newbuilding Platform Supply Vessels (PSVs).

Ingalls authenticates keel of LHA 7

JUNE 23, 2014 — Huntington Ingalls Industries (NYSE:HII) authenticated the keel for the future multipurpose amphibious assault ship USS Tripoli (LHA 7) in a June 20 ceremony at its Ingalls Shipbuilding division,

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Terntank orders two more LNG fueled tankers

JUNE 20, 2014 —  Skagen, Denmark, headquartered Terntank Rederi A/S has exercised its options to add two new LNG-fueled 15,000 dwt tankers to the two it ordered at China’s AVIC Dingheng Shipbuilding

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American P&I Club back in profit

JUNE 20, 2014 — The American Club reported excellent progress during 2013 at the annual meeting of its members held in New York yesterday. The decline in tonnage and revenue which had