Ship repairers brace for Navy contract cancelations
FEBRUARY 15, 2013 — Shipyard workers are going to be among the first to feel the impact of Congressional failure to deal with budget issues. Yards specializing in Navy work were expecting
Parker to take $15.8 million FCPA-related charge
FEBRUARY 15, 2013 — Houston headquartered Parker Drilling Company (NYSE-PKD) says it has reached an agreement in principle with the Department of Justice and the staff of the Securities and Exchange Commission
AMSEC employee wins ship repair safety award
FEBRUARY 15, 2013 — Casey Tarnowski, an employee of Huntington Ingalls’ AMSEC LLC subsidiary, has won the annual Safety Suggestion Award contest hosted by the Virginia Ship Repair Association (VSRA). Mr. Tarnowski
Esri looks to expand ocean industry use of GIS
FEBRUARY 15, 2013 — Redlands, CA, based geographic information system (GIS) specialist Esri has hired Drew Stephens to expand the market for GIS within the ocean industry. A geographic information system (GIS)
India mandates anti-piracy CCTV
FEBRUARY 15, 2013 — The BMP4 Best Management Practices for protecting vessels against piracy recommend the installation of closed circuit television (CCTV) systems. Gentay Pte Ltd, which specializes in maritime CCTV systems,
DFDS gives final nod for RO/RO deal with P+S Werften
FEBRUARY 15, 2013 — Danish operator DFDS says that “all conditions have been met for the two newbuilding contracts between DFDS and the German shipyard P+S Werften GmbH, Stralsund, concerning the construction
Federal judge accepts Transocean guilty plea
FEBRUARY 15, 2013 — U.S. District Judge Jane Triche Milazzo of the Eastern District of Louisiana, yesterday accepted Transocean Deepwater Inc.’s plea of guilty to a violation of the Clean Water Act
STX OSV announces three OSCV orders in one day
FEBRUARY 14, 2013 — After starting the day with news that it had secured a new contract for the design and construction of an Offshore Subsea Construction Vessel (OSCV) for Solstad Offshore
Bouchard orders 250,000 bbl ATB at VT Halter
FEBRUARY 14, 2013 — Bouchard Transportation Co., Inc., Melville, NY, has awarded VT Halter Marine, Inc. a new contract to build an articulated tug barge (ATB) unit. The contract includes an option
Private equity firm acquires Kobelt
FEBRUARY 14, 2013—Private equity investment firm Bow River Capital Partners, Denver, CO, has acquired propulsion control specialist Kobelt Manufacturing, Surrey, BC, Canada. For more than 50 years, Kobelt Manufacturing has built high-quality