Companies in the Zacchello Group are filing for Chapter 11 protection. Netherlands-based Marco Polo Seatrade BV, a company managed by Seaarland Shipping Management BV, has filed a voluntary petition for Chapter 11
Singapore’s Keppel FELS Limited shipyard is on track to deliver Scarabeo 9, a sixth generation ultra-deepwater semisubmersible drilling rig, to Saipem S.p.A (Saipem) on time and with no lost time incidents. A
Huntington Ingalls Industries (NYSE:HII) has received a $504 million cost-plus-incentive-fee contract extension to continue engineering work associated with construction of the nuclear-powered aircraft carrier Gerald R. Ford (CVN 78). The company’s Newport
Sweden’s Rederi AB TransAtlantic has taken delivery of Magne Viking, the third in a series of four newbuild AHTS vessels from the Astilleros Zamakona S.A shipyard in Spain. The vessel will be
Daewoo Shipbuilding & Marine Engineering Co., says it has secured orders worth $850 million to build four liquefied natural gas (LNG) carriers for the George Economou Group. The 159,800 cu.m ships will
China’s Yangzijiang Shipbuilding is taking a 60 percent equity interest in Singapore marine technology and ship design consultancy CS Marine Technology Pte Ltd (CSMT). CSMT’s wholly-owned subsidiary in China, Barber-CS Marine Technology
Marcon International, Inc., Coupeville, Wash., has brokered the sale and delivery of two 5,630 BHP new ASD sister-tugs from Turkish shipbuilders, Bogazici Denizcilik to owners in the United Arab Emirates. The tugs
Four corporations involved in owning and operating a fleet of vessels regularly visiting New Orleans were today sentenced to pay a $1 million penalty and banned from doing business in the United
Incat Crowther reports the launch of Topaz Zenith. Launched by Topaz Shipbuilding’s Fujairah, UAE, shipyard, this innovative 27.6 m wave piercing catamaran crew boat has been designed to support offshore energy installations.
Japan’s Mitsui Engineering & Shipbuilding Co., Ltd. (MES) is to build two next generation “neo Supramax 66BC” bulk carriers for a customer it identifies as a “first class shipowner.” Developed as a
