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Incat Crowther-designed crewboat for Brazil

ETP Engenharia Ltda, Rio de Janeiro, Brazil, recently delivered the 36m monohull crewboat Siem Piata to Siem Consub for service in Brazil for Petrobras. It will serve as a P2 crewboat in

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Great Lakes Dredge reports record results

Sand berm building after the Deepwater Horizon spill helped Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) achieve record  financial results for the quarter and year ended December 31, 2010. Great Lakes is

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Fourth quarter red ink at Frontline

John Fredriksen controlled tanker giant Frontline Ltd. reported a loss of $11.8 million for the fourth quarter of 2010, equivalent to a loss per share of $0.15, compared with net income of

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Maersk orders ten 18,000 TEU Triple-E containerships

It’s official Maersk Line has signed a contract with Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build ten 18,000 TEU containerships, with an an option for an additional 20 vessels.