Québec shipbuilder Davie Yards announced today that it has entered into an exclusivity agreement with Fincantieri and DRS Technologies Canada (“DRS”), a Finmeccanica company, to negotiate the potential acquisition of the shipyard
Signal International has been awarded a $47 million contract by Kirby Ocean Transport Company, the offshore tug and barge owning and operating subsidiary of Kirby Corporation (NYSE:KEX) of Houston, Texas. It covers
In what it calls “a gratifying end” to a long running patent infringement dispute in Australia, Sweden’s Stena Rederi AB says that it and Australian shipbuilder Austal have “reached an amicable settlement,
Inmarsat plc (LSE: ISAT.L) is acquiring Ship Equip International A.S. for a total consideration of $159.5 million. Based in Alesund, Norway, Ship Equip is a provider of VSAT maritime communications services to
Huntington Ingalls Industries, Inc. (NYSE:HII) has begun operating as a new, independent and publicly traded company as trading of its shares commenced this morning. Huntington Ingalls Industries, America’s largest military shipbuilder, was
STX OSV Holdings Limited says that it has secured a new contract for the design and construction of a Platform Supply Vessel for an undisclosed customer. The vessel will be of STX
Singapore-listed Otto Marine Limited says that its shipbuilding arm and wholly-owned subsidiary, Otto Offshore Limited has entered into a sales agreement to sell two 8,000 bhp AHTS to a third party at
Bergen, Norway, based Sartor Offshore has placed a NOK 300 million order for a Havyard 832 L platform supply vessel for delivery from the Havyard Leirvik shipyard in Sogn, Norway, in January
The American Salvage Association (ASA) has established an Education Committee committed to promoting general maritime industry interest with a focus on marine salvage and to help develop maritime industry expertise through interactive
Norway’s SiemOffshore Inc. says it is getting into the business for submarine cable installation, repair and maintenance projects. It has reached an agreement with the shareholders of Leer, Germany, based Five Ocean
