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Hercules Offshore buys liftboat Titan 2

FEBRUARY 28, 2013 — Hercules Offshore, Inc. (Nasdaq: HERO) reports the execution of a definitive agreement to acquire the liftboat Titan 2 from a subsidiary of KS Energy Ltd. The purchase price

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MOL holds naming ceremony for VLOC

FEBRUARY 28, 2013 — Vale International SA Director, Shipping & Distribution, Gurinder Singh (left in picture) has performed the naming ceremony for the latest addition to the Mitsui O.S.K. Lines, Ltd. (MOL)

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Shell pauses Alaska drilling program

FEBRUARY 27, 2013 — Royal Dutch Shell plc today announced it will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas to prepare equipment and plans for a

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Stevens Towing elects new president

FEBRUARY 27, 2013 — The Board of Directors of Yonges Island, SC, headquartered Stevens Towing Co., Inc., has elected W. Johnson Stevens, III, to serve as the new president of the company,

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Meyer Werft floats out Norwegian Breakaway

FEBRUARY 27, 2013 — Meyer Werft yesterday floated the Norwegian Breakaway, the largest ship ever constructed in Germany, out of its covered building dock II in Papenburg, Germany where the 146,600-ton ship

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Wärtsilä opens new workshop in Brazil

FEBRUARY 27, 2013 — Wärtsilä is opening a new services workshop in Niterói, Rio de Janeiro, Brazil, today. It says that the new facilities will strengthen its presence in Brazil and enable

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Obama visits NNS to warn of sequester dangers

FEBRUARY 27, 2013 — With shipyards and shipyard workers likely to take some heavy hits as a result of looming sequestration cuts to defense spending, President Barack Obama yesterday used Huntington Ingalls