Seadrill and Transocean order jack-up rigs
Two offshore drillers are showing enough faith in prospects for jack-ups to take out their check books. Seadrill is following up its recent drillship splurge at Samsung by ordering two newbuild two
World’s largest cruise ships meet
Just two days after Allure of the Seas completed its delivery voyage from STX Europe, the giant ship met up with its equally spectacular sister, Oasis of the Seas. This Royal Caribbean
Crowley Maritime promotes Ayala
Crowley Maritime Corporation has promoted former San Juan Teamsters president Jose “Pache” Ayala to general manager of operations for its liner services group in Puerto Rico. In this role, he will direct
Consortium explores nuclear power for ships
Nuclear powered merchant ships could be sailing again sooner than many might suppose. That’s the view of Lloyd’s Register CEO Richard Sadler. The classification society is a member of a newly formed
Landrieu keeps up pressure for offshore permits
Senator Mary Landrieu (D-LA) is using a powerful senatorial weapon to hasten an actual end to the offshore drilling moratorium put in place after the Deepwater Horizon incident. On September 23 Senator
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Petrobras on $3.46 billion FPSO hull spree
Petrobras and its partners have signed contracts worth $3.46 billion with Brazil’s Engevix Engenharia S.A. They cover the construction of eight FPSO hulls at the Rio Grande Naval Hub, which is based
Northrop Grumman cuts jobs at Newport News
Tough news from Matt Mulherin, VP and GM of Northrop Grumman Shipbuilding – Newport News. Northrop Grumman Shipbuilding has cut around 380 salaried employee jobs at the shipyard. The cuts were effective
Rolls-Royce to collaborate with Shanghai Bestway
Rolls-Royce has signed a collaboration agreement with China’s Shanghai Bestway Marine Engineering Design Company Ltd (Bestway), a leading marine design and research company in China. The collaboration will focus upon development of
Rongsheng raises $1.8 billion
Chinese shipbuilder Rongsheng Heavy Industries has raised $1.8 billion in an IPO. Financial wire services report that China Rongsheng Heavy Industries Group Holdings Ltd. priced its much awaited Hong Kong initial public