The Bureau of Safety and Environmental Enforcement (BSEE) has issued a second set of regulatory violations arising from operations conducted in connection with the Macondo well. The violations were issued as Incidents
The result of a joint venture between STX Finland Oy and United Shipbuilding Corporation, Arctech Helsinki Shipyard, Finland, has been awarded a contract to build a multipurpose emergency and rescue vessel for
The first of a new type of “compact” deepwater drillships jointly designed by Shell and Noble Corporation recently arrived in the U.S. Gulf of Mexico. After completing commissioning and acceptance testing this
Publicly traded Rand Logistics, Inc., New York, NY, completed the acquisition of its fifth vessel this year, a Jones Act compliant, self-unloading articulated tug/barge unit. Concurrent with the closing, Rand Logistics placed
One of the most successful federal programs for upgrading and improving the U.S. marine transportation has been the Ferry Boat Discretionary Grant Program. Administered by the Federal Highway Administration (FHWA), the Ferry
John Fredriksen controlled Hemen Holding Ltd. is giving more than $505 million in guarantees to restructure Frontline Ltd. in a solution that will see the world’s largest tanker company carved into two.
China Oilfield Services Limited (COSL) recently announced its wholly-owned subsidiary COSL Drilling Europe AS signed a contract with Yantai CIMC Raffles Shipyard Co. Ltd. to construct of a new deep-water semi-submersible platform.
BAE Systems Mayport, L.L.C., Jacksonville, FL, has been awarded a $13,456,971 firm-fixed-price contract for repair work aboard the USS Samuel B. Roberts (FFG 58). This contract is for the USS Samuel B. Roberts
Elliott Bay Design Group LLC (EBDG), Seattle, WA, is now an employee-owned company after its management and employees purchased the firm from its parent company, American Commercial Lines (ACL), Jeffersonville, IN. The
The Polar Sea, the heavy icebreaker that the U.S. Coast Guard plans to mothball, is in excellent condition and could be returned to active service in two years, giving the government a
