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Atwood exercises option with DSME for third drillship

SEPTEMBER 27, 2012 — Atwood Oceanics, Inc. (NYSE: ATW) said today that a subsidiary has entered into a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME) to construct

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Huntington Ingalls gets $296 million more for CVN 79

SEPTEMBER 27, 2012 — Huntington Ingalls Inc., Newport News, Va., is being awarded a $296,126,089 modification to a previously awarded Navy contract (N00024-09-C-2116) for procurement of additional long-lead-time material and continuation of

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Research vessel to become fisheries catcher/processor

SEPTEMBER 27, 2012 — Marcon International, Inc. of Coupeville, Wash., has brokered  the sale of the U.S. flag research vessel, Cape Flattery from Anchorage based Tanadgusix Corporation (TDX), an Alaska native village

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Van der Velden and MMG offer Energy Savings Package

SEPTEMBER 27, 2012 — Van der Velden Marine Systems, Krimpen aan de Lek, The Netherlands, has partnered with Germany’s Mecklenburger Metallguss GmbH (MMG) to offer an energy saving propulsion package. It combines

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Indictment alleges Gulf clean-up training scam

SEPTEMBER 26, 2012 — In the wake of the Deepwater Horizon oil spill, many fisheries were closed, causing many fishermen in the Gulf region to seek other sources of employment, including as