Austal delivers its largest catamaran yet
Austal has handed over the largest catamaran it has thus far built, the 113 m “Leonora Christina,” to Danish company Faergen (formerly Nordic Ferry Services) and is due to depart Austal’s Henderson,
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SBM Offshore orders DSCV at Keppel Singmarine
Schiedam, Netherlands, based SBM Offshore has awarded a contract to Keppel Singmarine shipyard in Singapore for the detailed design and construction of a multi-purpose Diving Support & Construction Vessel (DSCV). It says
Maersk orders two drillships at Samsung Heavy Industries
Maersk Drilling has signed a contract with Samsung Heavy Industries in South Korea for the construction of two ultra deepwater drillships. The drillships are scheduled for delivery in the third and fourth
Ambassadors to sell Windstar Cruises in court supervised process
Ambassadors International, Inc. (NASDAQ: AMIE) – the parent of Windstar Cruises – and its U.S. subsidiaries on April 1voluntarily filed petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for
Graig wins order to supervise newbuilding project for Chinese owner
Shanghai-based Graig China, part of the U.K.’s Graig group, has won a ten ship order to supervise newbuildings for Chinese leasing company Minsheng Financial Leasing Co Ltd. The supervision contract brings to
Bourbon reports increased annual revenues
Paris-headquartered Bourbon reports that revenues in 2010 came to EUR 849.9 million, up 4.6 percent from the previous year. Compared with the second half of 2009, revenues in the second half of
M. Kevin McEvoy to take helm at Oceaneering International
Oceaneering International, Inc. (NYSE: OII) has named EVP and COO M. Kevin McEvoy to succeed T. Jay Collins as President and CEO immediately following the 2011 Annual Meeting of Shareholders, which is
Junk rating for debt of Northrop Grumman shipbuilding spin-off
Northrop Grumman is moving ahead with plans to spin off its shipbuilding activities as Huntington Ingalls Industries Inc.The new enterprise will enter operations carrying a considerable burden of debt.That led the three
IRISL P&I insurer sanctioned
U.S. Treasury sanctions are making it harder for Islamic Republic of Iran Shipping Lines (IRISL) to get P&I cover. Yesterday, the Treasury designated Moallem Insurance Company under Executive Order 13382, an authority
Keppel FELS books another jack-up rig order
The jack-up ordering spree continues. Singapore’s Keppel FELS Limited has secured its fourth order for a KFELS B Class jack-up within the span of a month. Worth about US$180 million, the order