Canada’s Minister of Fisheries and Oceans, Gail Shea, has announced the award of contracts for the design of four new scientific research vessels the Canadian Coast Guard. A $2.5 million contract for
Norwegian billionaire investor Øystein Stray Spetalen has joined the parade of those seeing opportunities ahead for newbuild jack-up rigs. Standard Drilling, a subsidiary of Mr. Spetalen’s Ferncliff TIH AS investment company, has
Time to repaint some gantry cranes? Northrop Grumman continues its preparations for a spin off of its shipbuilding operations to its shareholders. According to an SEC filing today by New Ships, Inc.,
A federal jury in Norfolk, Va., on Wednesday convicted five men from Somalia of engaging in piracy and related offenses in their attack on the USS Nicholas. It is believed to be
Japan’s Mitsui O.S.K. Lines Ltd. announced on November 26 that it had signed a long-term transport contract with Brazilian mining giant Vale International SA, a subsidiary of Vale S.A., for two very
The body of the 46-year-old captain of the tug Fairplay-22, which capsized in Rotterdam on November 11th, was found today on the beach close to Hoek van Holland, the Netherlands. Owner of
Using an approach that it says has helped get solar energy projects started on public lands in the West, the Department of the Interior is launching what it calls a “Smart from
DryShips Inc. (NASDAQ: DRYS) says it has entered into an agreement with “a major South Korean shipyard” for the option to construct up to four ultra deepwater drillships. The new vessels would
The Indian Navy today fired warning shots ahead of a Restis Group bulker, the 57,000 dwt Bahamas-flag Dynamic Striker. The ship, managed by Restis’s Enterprises Shipping and Trading, arrived in Mumbai October
United States Senator Mary L. Landrieu, D.-La., today expressed disappointment following Interior Secretary Ken Salazar’s visit to Houma, Louisiana, where he was supposedly to have outlined a series of steps to lift
