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Transocean orders two jack-up rigs at Keppel FELS

Transocean Ltd. (NYSE: RIG) reports that a subsidiary has been awarded five-year drilling contracts for two newbuild high-specification jack-up rigs for operations in Thailand for a subsidiary of Chevron Corporation (NYSE: CVX).

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ABS to form software JV with Herbert Engineering Corporation

Classification society ABS and naval architectural firm Herbert Engineering Corp. (HEC) have agreed to form a joint venture company, Herbert-ABS Software Solutions, LLC (Herbert-ABS).   Herbert-ABS will offer loading and salvage analysis

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Pasha Hawaii orders second RO/RO at VT Halter Marine

VT Halter Marine’s parent, ST Engineering (Singapore Technologies Engineering Ltd.) says that the shipyard has been awarded a shipbuilding contract worth about $144 million by Honolulu-based Pasha Hawaii (Pasha).  The ship, which

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Jacob Stolt-Nielsen: Hang the pirates

Comments in yesterday’s Dagens Næringsliv by the patriarch of a shipping empire led  Stolt-Nielsen Limited (Oslo Børs: SNI) to issue a stock exchange announcement to emphasize that “the comments contained within the

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Governor pushes offshore wind in Maryland

Trying to create a clearer, long-term financial picture for offshore wind energy development, Maryland Governor Martin O’Malley introduced the Maryland  Offshore Wind Energy Act of 2011 today. The bill, HB 1054, would