Navy releases FY 2014 budget details
APRIL 11, 2013 — The Department of the Navy yesterday released its proposed $155.8 billion budget for fiscal year 2014. Rear Adm. Joseph Mulloy, deputy assistant secretary of the Navy for budget,
Incat Crowther designs Brazil oilfield service vessels
APRIL 11, 2013 — Incat Crowther has been awarded contracts to design two types of new fast oilfield service vessels for Arpoador Engenharia of Brazil. One is 36 m monohull crewboat that
New DNV JIP aims to reduce jacking gear failure
APRIL 11, 2013 — DNV is inviting industry to participate in a project aimed at reducing failure of the jacking gears of self-elevating units and jack-ups. Though jacking gears are, by definition,
Smit and SAAM plan joint harbor towage operation in Americas
APRIL 11, 2013 — Royal Boskalis Westminster N.V. (Boskalis) announces that it has signed a Memorandum of Understanding (MoU) with Sudamericana Agencias Aereas y Maritimas S.A. (SAAM) for a joint harbor towage
HHI books $1.9 billion Chevron FPSO contract
APRIL 11, 2013 — Hyundai Heavy Industries (HHI) reports that it has won a $1.9 billion order to build a Floating Production Storage and Offloading unit (FPSO) for Chevron North Sea Ltd.
Zentech makes VP appointment
APRIL 10, 2013 — Zentech, Inc., a Houston based marine engineering and naval architecture consulting firm, specializing in the offshore oil and gas and renewable energy industries, today announced the appointment of
World’s largest pipelayer coming to U.S. Gulf
APRIL 10, 2013—The world’s largest pipelay vessel—more than three American football fields long—will be coming to the U.S. Gulf of Mexico and offshore Brazil. Owned by Italy’s Saipem, the M/V Castorone currently
Marad seeks applications for Small Shipyard Grant awards
APRIL 10, 2013 — The U.S. Maritime Administration has published a notice in the Federal Register saying that under the Small Shipyard Grant Program, there is currently $9,457,986.00 available for grants for
ILA members accept new Gulf and East coast ports contract
APRIL 10, 2013 — The International Longshoremen’s Association reports that its members at ports on the U.S. Atlantic and Gulf coats have “overwhelming approved” a new six-year master contract negotiated with United
Gulf of Guinea piracy threat grows
APRIL 10, 2013 — While the threat posed by Somali piracy may have moderated, pirate activity in the Gulf of Guinea remains a growing problem. In a recent loss prevention bulletin, the