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Vard sets up Canadian subsidiary

MARCH 18, 2014 — Fincantieri controlled Vard Holdings Limited has established a new subsidiary for ship design, engineering and sales activities in Canada. Vard Marine Inc. is a ship design and marine

Kirby to build 29 more tank barges

MARCH 18, 2014 — Houston headquartered Kirby Corporation (NYSE: KEX) says it has signed agreements to construct 29 additional 30,000 barrel inland tank barges with a total capacity of 830,000 barrels for

Foss orders ocean going barge at Gunderson

MARCH 17, 2014 — Seattle based Foss Maritime is building a new ocean-going barge that will give the company an additional asset to transport large modules both domestically and internationally. The new

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SEALS take control of tanker Morning Glory

MARCH 17, 2014 — U.S. forces yesterday boarded and took control of a commercial tanker ship that was seized earlier this month by three armed Libyans, Pentagon Press Secretary Navy Rear Adm.

Jaccar moves to take majority stake in Bourbon

MARCH 17, 2014 — Jaccar Holdings, the private investment company controlled by Jacques de Chateauvieux, Chairman of the Board of Bourbon, is preparing a bid for the Paris headquartered offshore services giant.

Three Keppel O&M shipyards book contracts

MARCH 17, 2014 — Singapore’s Keppel Offshore & Marine Ltd reports that subsidiaries Keppel Shipyard, Keppel Singmarine, and Keppel Nantong Shipyard have secured contracts worth a total of about S$140 million. “Keppel

Navy awards DDG 51 contracts

MARCH 17, 2014 — Bath Iron Works, Bath, Maine, is being awarded a $642,583,946 modification to previously awarded contract (N00024-13-C-2305) to exercise options for construction of a DDG 51 class ship. The