Todd Shipyards Corporation and Vigor Industrial Llc report the completion of the acquisition of Todd by Vigor’s wholly owned subsidiary, Nautical Miles, Inc. The acquisition was made based on an offer to
VT Halter Marine’s parent, ST Engineering (Singapore Technologies Engineering Ltd.) says that the shipyard has been awarded a shipbuilding contract worth about $144 million by Honolulu-based Pasha Hawaii (Pasha). The ship, which
Comments in yesterday’s Dagens Næringsliv by the patriarch of a shipping empire led Stolt-Nielsen Limited (Oslo Børs: SNI) to issue a stock exchange announcement to emphasize that “the comments contained within the
Seismic survey specialist Petroleum Geo-Services ASA is going to a Japanese shipbuilder for its next generation of Ramform vessels. It has signed a Letter of Award with Mitsubishi Heavy Industries Ltd. for
Trying to create a clearer, long-term financial picture for offshore wind energy development, Maryland Governor Martin O’Malley introduced the Maryland Offshore Wind Energy Act of 2011 today. The bill, HB 1054, would
Carnival Cruise Lines set a one-week reservations record between Feb. 7-13, 2011. It booked 165,308 guests, eclipsing the previous one-week reservations record set nearly four years ago. Bookings were at unprecedented levels
Classification society Bureau Veritas and COPPE/UFRJ, the ocean engineering department of Brazil’s Universidade Federal do Rio de Janeiro, are to set up a joint development center. The move is intended to speed
The U.S. Department of Transportation’s FY 2012 budget request includes just $358 million for all U.S. Maritime Administration activities. However, the request for Marad’s Operations and Training is $162 million, an increase
The International Chamber of Shipping (ICS) has changed its position on providing armed security guards to protect merchant ships against pirates. The ICS Executive Committee, representing national shipowners’ associations from over 30
Maersk Drilling has signed a contract with Keppel FELS Ltd in Singapore for the construction of two ultra harsh environment, high capacity jack-up drilling rigs. The first rig is scheduled for delivery
