Canadian ferry project makes progress
The Government of Newfoundland and Labrador is a step closer to taking delivery of two new medium-size ferry vessels. The 42 m vessels will each carry 16 cars and 80 passengers and
DryShips unit to drill offshore Falkland Islands
Argentina won’t be in George Economou’s vacation plans, most likely. DryShips Inc. (NASDAQ: DRYS) reports that its fully-owned subsidiary Ocean Rig UDW Inc has signed a contract with Borders & Southern Petroleum
Petrobras unseals bids for presalt rigs
Petrobras has opened the sealed bids submitted in a three part tender intended to lead to the construction, in Brazil, of 28 offshore drilling rigs required for development of the pre-salt zone.
Singapore invests in marine fuel cell research
Singapore is investing up to Singapore $6 million (US$ 4.5 million) in maritime fuel cell research. The Maritime and Port Authority of Singapore (MPA) and Temasek Polytechnic (TP) have signed a Memorandum
Canada awards design contracts for research vessels
Canada’s Minister of Fisheries and Oceans, Gail Shea, has announced the award of contracts for the design of four new scientific research vessels the Canadian Coast Guard. A $2.5 million contract for
Keppel FELS books jack-up order
Norwegian billionaire investor Øystein Stray Spetalen has joined the parade of those seeing opportunities ahead for newbuild jack-up rigs. Standard Drilling, a subsidiary of Mr. Spetalen’s Ferncliff TIH AS investment company, has
Newport News and Ingalls shipbuilding names set for revival
Time to repaint some gantry cranes? Northrop Grumman continues its preparations for a spin off of its shipbuilding operations to its shareholders. According to an SEC filing today by New Ships, Inc.,
U.S. court convicts five Somalis of piracy
A federal jury in Norfolk, Va., on Wednesday convicted five men from Somalia of engaging in piracy and related offenses in their attack on the USS Nicholas. It is believed to be
MOL inks deal with Vale for VLOC newbuilds
Japan’s Mitsui O.S.K. Lines Ltd. announced on November 26 that it had signed a long-term transport contract with Brazilian mining giant Vale International SA, a subsidiary of Vale S.A., for two very
Body of capsized tug captain found
The body of the 46-year-old captain of the tug Fairplay-22, which capsized in Rotterdam on November 11th, was found today on the beach close to Hoek van Holland, the Netherlands. Owner of