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Mermaid Marine Australia to buy Jaya businesses

FEBRUARY 25, 2014 — Fremantle, Western Australia, headquartered Mermaid Marine Australia has agreed to pay Singapore $625 million (about US $495 million) to buy the entire issued and paid up share capital

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Electric Boat gets $36 million mod for NRMD

FEBRUARY 25, 2014 — General Dynamics Electric Boat Corp., Groton, Conn., is being awarded a $36,137,340 cost-plus-fixed-fee modification to previously awarded contract (N00024-13-C-4311) to provide a Nuclear Regional Maintenance Department (NRMD). Under

Mississippi River reopened after spill

FEBRUARY 24, 2014 — The Mississippi River has reopened with restrictions as of approximately 1:30 p.m..  Mariners must comply with a broadcast notice to mariners being issued for river transits by the

Jensen wins contract to design LNG bunker barges

FEBRUARY 24, 2014 — Jensen Maritime, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, has been awarded a contract to design some of the first liquefied natural gas (LNG) bunker

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Sembcorp Marine profits inch up

FEBRUARY 24, 2014 — Singapore’s Sembcorp Marine recorded a full year net profit of Singapore $556 million in 2013, 3% higher than the previous year’s S$538 million. On a quarterly basis, 4Q