McDermott books $2 billion subsea contract

McDermott International, Inc. (NYSE:MDR) reports that its Australian subsidiary has received and signed a letter of award for the Ichthys Gas-condensate Field Development subsea umbilical, riser, flowline (“SURF”) project by INPEX. The

STX Finland completes car-passenger ferry

STX Finland’s Rauma shipyard has delivered the car-passenger ferry NB 1368, the Spirit of France,  to P&O ferries. Her sister ship, the Spirit of Britain was delivered from Rauma Shipyard one year

FERC licenses NYC tidal power plant

The U.S. Federal Energy Regulatory Commission (FERC) has issued the first license for a U.S. tidal power plant  to transmit energy onto the local and national grid. The pilot commercial license allows