A.P. Moller-Maersk will announce Monday that it has ordered ten 18,000 TEU containerships from Korea’s Daewoo Shipbuilding and Marine Engineering, according to wire services. The order has been long anticipated and it
Bankrupt Quebec shipbuilder Davie Yards has gotten another order from the Québec Superior Court extending the stay of proceedings against it under Canada’s Companies’ Creditors Arrangement Act (“CCAA”) until March 10, 2011.
Judge Martin Feldman, of the U.S. District Court for the Eastern District of Louisiana, today ordered the administration to move quickly on permits for new deepwater oil wells in the Gulf of
The Marine Well Containment Company today announced the completion and availability of an initial well containment response system that will provide rapid containment response capabilities in the event of a potential future
The International Union of Marine Insurance has welcomed the announcement by the International Chamber of Shipping that it is now taking a more neutral position on the use of private armed security
STX Finland Oy has signed a contract with the Ministry of Fisheries and Marine Resources of the Republic of Namibia, Worth about EUR 35 million, the contract is for the construction of
Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), announced today that the Commonwealth of Pennsylvania has agreed to partner with the shipyard and to
Maersk Alabama pirate Abduwali Muse has been sentenced to 405 months in prison for his role in the April 2009 hijacking and hostage taking and in the earlier hijackings of two other
The U.S. Maritime Administration has awarded contracts totaling $77 million to three companies to operate 10 National Defense Reserve Fleet ships through July 27, 2015. The contracts were awarded to Ocean Duchess
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).
