Bergen Engines now a unit of Tognum AG
JULY 1, 2013 — Norwegian engine manufacturer Bergen Engines AS today became part of the Tognum Group. Bergen Engines was formerly a Rolls-Royce subsidiary and the switch to the new ownership follows
Search Results for: St John Ship Building
Newport News delivers final Block II Virginia class sub
JUNE 6, 2013 — Huntington Ingalls Industries (NYSE:HII) reports that its Newport News Shipbuilding (NNS) division delivered the submarine Minnesota (SSN 783) to the U.S. Navy today. The boat, the last of
Navy awards DDG 51 contracts
JUNE 4, 2013 — The Navy yesterday awarded contracts for the construction of nine, (potentially ten) DDG 51 class ships over the FY 2013-2017 period. Huntington-Ingalls Industries’ Ingalls Shipbuilding was awarded five
TY Offshore gets private equity injection
MAY 28, 2013 — TY Offshore is to start a $9 million capital improvement plan after revamping its ownership structure and getting an equity investment from a private equity firm. Barge launch
Huntington Ingalls reports increased profits
MAY 8, 2013 — Huntington Ingalls Industries today reported results that saw first-quarter 2013 profit reach $44 million, up 33 percent from $33 million in the same quarter a year earlier. “HII
Icahn pushes for changes at Transocean
APRIL 4, 2013—Billionaire investor Carl C. Icahn would like to see some drastic changes at the world’s largest offshore drilling company, beginning with voting in three new board members. Icahn has sent
Navy adds another $407.4 million to Kennedy contract
MARCH 22, 2013 — The Navy is modifying the total amount of a previously awarded contract to Huntington Ingalls Inc, Newport News, Va., (N00024-09-C-2116) by $407,408,093 in order to extend construction preparation
Deep Sea Supply in Brazil PSV and AHTS joint venture
JANUARY 17, 2013 — Deep Sea Supply Plc (DESS), in which John Fredriksen’s Hemen Holding Ltd. is the largest shareholder, is entering a joint venture with BTG Pactual Oil & Gás Participações
Frontline 2012 said to ink LOIs for bulker newbuilds
JANUARY 4, 2013 – So, you thought John Fredriksen’s Frontline 2012 was a tanker company? Korean shipbuilding website Asiasis says that Frontline 2012 has reportedly signed Letters of Intent to build up
Maersk Line, Limited wins environmental awards
NOVEMBER 29, 2012 — Maersk Line, Limited (MLL), the Maersk Group’s U.S.-flag operation, was presented with two awards earlier this month for its continued and longstanding efforts to improve the environmental sustainability