Marine Accurate Well ASA – Maracc – has successfully secured a fully committed $280 million financing package for the remaining construction costs of Island Innovator, a drilling and heavy well intervention semi
Shipbuilder Austal USA, Mobile, Ala., is being awarded a $368,592,125 modification to previously awarded contract (N00024-11-C-2301) to contractually authorize fiscal 2011 Littoral Combat Ship (LCS) construction. Work will be performed in Mobile,
The Department of the Navy announced today that it is now in a position to support Northrop Grumman Corporation’s (NGC) spin-off of its shipbuilding business. The Navy finds Huntington Ingalls Industries Inc.
Frank Larkin has rejoined Crowley Maritime Corporation as vice president of sales and customer care for the company’s liner services and logistics groups. He is domiciled in Jacksonville and reports to Steve
Almost a full year after the arrival of the FPSO BW Pioneer in U.S.waters, BOEMRE today gave the final approval needed for the unit to begin oil and natural gas production at
Voith Turbo Inc. has brought Captain David Shirah, Jr. aboard as a representative handling the Gulf Coast region of its Marine Division. Captain Shirah is a 20-plus year veteran of the coastal
A general cargo carrier that did not have armed guards on board was pirated yesterday. It was almost immediately used as a mother ship to launch an attack on another bulk carrier.
Shares in tanker operator General Maritime Corporation (NYSE: GMR) plunged in overnight trading after it issued a statement saying “it is engaged in ongoing discussions with prospective lenders and investors to seek
A study commissioned by the Shallow Water Energy Security Coalition finds that spending by the vendors and subcontractors supporting shallow water energy exploration accounted for $1.8 billion over the last three years,
First steel for Princess Cruises’ next ship was cut yesterday at Fincantieri’s Monfalcone, Italy, shipyard. The ship is the first of two new-generation, 141,000 ton, 3,600 passenger vessels for the cruise line
