John Fredriksen has cashed in $1 billion of his stake in offshore driller Seadrill. Mr. Fredriksen’s Hemen Holdings said the sale will allow the Fredriksen Group to have a slightly more diversified
IHC Offshore & Marine, part of IHC Merwede, has signed two contracts with Malaysian offshore operator SapuraCrest for the design, engineering and construction of two new 550 t pipelaying vessels. A third
Argentinian towage and harbor company Remolcadores Unidos Argentinos (RUA) has just taken delivery of the Damen ASD 2810 tug RUA Cap. Lucio R. This is the first delivery of a Damen tug
GEA Westfalia Separator Group reports that its BallastMaster ultraV ballast water treatment system has been type approved as meeting IMO guidelines and regulations. The certification body is the Federal Maritime and Hydrographic
As of March 1, DNV’s operations will be carried out through three separate companies: DNV Maritime and Oil & Gas, DNV KEMA Energy & Sustainability and DNV Business Assurance. Each company in
Royal Caribbean Cruises, Ltd. (NYSE, OSE: RCL) has exercised its option to build a second Sunshine-class cruise ship to be delivered in the Spring 2015. The ship will be built by German
The captain of a Maltese freighter was taken into custody by Coast Guard officials in Astoria, Oregon, Tuesday. The captain of the 738-foot motor vessel Laconia was taken into custody after his
The Costa Crociere cruise ship Costa Allegra is under tow for the main island of the Seychelles by the Trevignan, a 300-ft French tuna seiner owned by Compagnie Francaise du Thon Oceanique.
Bremerton, Wash.,based Art Anderson Associates has hired Sean McKee, PE as a Senior Marine Electrical Engineer. He will work in the firm’s Marine Division, and be responsible for leading and executing electrical
Bath, Maine, shipbuilder General Dynamics Bath Iron Works is being awarded a $662,927,172 modification to previously awarded contract (N00024-11-C-2305) to exercise options for DDG 116 construction and associated engineering change proposals and
