Austal lays keel for third JHSV

Austal has laid the keel for the third Joint High Speed Vessel (JHSV) in a ceremony at its Mobile shipyard at which Rep.Jo Bonner (R.-Ala.) authenticated the keel. He was assisted by

MAN Diesel & Turbo gives workhorse a make-over

MAN Diesel & Turbo reports the first sale of the first unit of a recently uprated Mk.2 version of its classic Holeby L23/30 workhorse. Over 10,000 L23/30 engines have been built since

Lamprell books $227 million jack-up contract

Nigel McCue, CEO of U.A.E based Lamprell, says that a $227 million order from “a highly valued customer” for a LeTourneau Super 116E jack-up rig “further evidences the sustained demand for these

Genmar set to emerge from bankruptcy

Tanker operator General Maritime Corporation (GMRRQ.OB) says that the U.S. Bankruptcy Court for the Southern District of New York has confirmed the second amended joint plan of reorganization of the company and

Hornbeck Offshore reports first quarter results

Covington, LA-based Hornbeck Offshore Services, Inc. (NYSE:HOS) reports results for the first quarter ended March 31, 2012 that included an increase in revenues of 66.0 percent to $120.0 million compared to $72.3