Court: TMT filed in good faith and with jurisdiction
OCTOBER 14, 2013 — A. U.S. court has told banks in Taiwan and other creditors of Nobu Su’s TMT shipping operation that they should help the company stay afloat. Maquarie Bank, the
Davie and Babcock ink teaming agreement
OCTOBER 11, 2013 — Babcock Canada Inc., part of Babcock International Group, has signed a five-year teaming agreement with Chantier Davie Canada Inc. (Davie). Davie CEO Alan Bowen says “we have spent
Scorpio Tankers exercises newbuild options
OCTOBER 11, 2013 — Scorpio Tankers Inc. (NYSE: STNG) (the “Company”) announced today that it has exercised options to construct two Very Large Gas Carriers in South Korea. The company also took
Miss Lis completes 5,233 nm crane barge tow
OCTOBER 11, 2013 — Marcon International, Inc. of Coupeville, Washington is pleased to report that after 52 days, the 2,800 BHP twin screw tug “Miss Lis” (ex-Kari A, Marine Pioneer) recently successfully
LPD 25 completes Navy acceptance trials
OCTOBER 11, 2013 — Huntington Ingalls Industries (NYSE:HII) reports that the amphibious transport dock Somerset (LPD 25) returned from successful U.S. Navy acceptance sea trials on Sept. 20. The company’s ninth ship
U.S. Brig Niagara hauled out at Great Lakes Shipyard
OCTOBER 11, 2013 — The U.S. Brig Niagara, Pennsylvania’s flagship, has arrived at Great Lakes Shipyard, Cleveland, OH, for routine drydocking and repairs. The vessel was hauled out using the yard’s Marine
JHSV 1 completes IOT&E test schedule
OCTOBER 11, 2013 — The Navy’s first Joint High Speed Vessel, USNS Spearhead (JHSV 1), has successfully completed its Initial Operational Test and Evaluation (IOT&E) end-to-end event, NAVSEA announced Oct. 3. U.S.
Petronas orders four Moss-type LNG carriers at HHI
OCTOBER 11, 2013 — Malaysia’s national oil company Petronas has ordered four 150,000 cu.m Moss type LNG carriers from Hyundai Heavy Industries (HHI), the world’s largest shipbuilder. The contract, signed yesterday in
Dockwise Vanguard to haul away Concordia wreck
OCTOBER 10, 2013 — Costa Crociere S.p.A. has awarded Dockwise, a wholly-owned subsidiary of Royal Boskalis Westminster, the contract to load and transport the Costa Concordia wreck from Isola del Giglio, where
“Captain Phillips” screening rivets Norfolk audience
OCTOBER 10, 2013 — A preview of the movie Captain Phillips was shown at Nauticus in downtown Norfolk, VA, this week to a riveted audience of 350 guests of Maersk Line, Limited