• News

Canada won’t buy into Global Combat Ship program

Canada looks to have firmly slammed the door on proposals that it participate in BAE Systems’ Global Combat Ship program. “Canada will not be pursuing collaboration with the United Kingdom on our

  • News

Burger Boat readies research vessel for delivery

Next month, Burger Boat Company, Manitowoc, Wis., is expected to deliver the 60 ft Fisheries Research Vessel, R/V Coregonus, to the Wisconsin Department of Resources.  The vessel has special significance for Burger

  • News

Noble exercises option for further HHI drillship

Noble Corporation (NYSE: NE) reports that a subsidiary has exercised its first option with Hyundai Heavy Industries Co. Ltd. (“HHI”) for the construction of an additional ultra-deepwater drillship, the third such drillship

  • News

Tidewater pays $6.3 million to settle Nigeria case

In an SEC filing, Tidewater Inc. (NYSE:TDW) reports that it has reached agreement with the Federal Government of Nigeria (“FGN”) to settle and resolve the previously disclosed investigation by the FGN relating

  • News

American Feeder Lines to start first service

American Feeder Lines, which says its vision and mission is the “realization of America’s Marine Highways,” says it will start operations in the second quarter of 2011. Last year the company hired

Salazar has a Pinocchio moment

Yesterday morning Interior Secretary Ken Salazar told a House Natural Resources Committee hearing on the Department of the Interior’s Fiscal Year 2012 Budget proposal what the Washington Examiner characterized as “a whopper.”

  • News

Cecon in talks with potential Davie Shipyards buyer

At least one potential buyer is interested in Canada’s bankrupt Davie Yards. Oslo-listed Cecon ASA, which is the yard’s main customer, says it has entered into a preliminary agreement “providing for exclusive