OCTOBER 21, 2013 — Carnival Corporation’s Seabourn Cruises has signed a Letter of Intent for the construction of a new ultra-luxury cruise ship with Italian shipbuilder Fincantieri. Seabourn Odyssey The new ship
OCTOBER 20, 2013—Ship repair company Elgin Brown and Hamer (EBH) Namibia has marked a milestone with the commissioning and inauguration of its newly-acquired Panamax-sized third floating dry dock, Namdock 3. The company
OCTOBER 16, 2013 — German ferry operator AG Ems has placed an order with shipbuilder Fassmer GmbH & Co. KG for what will be Germany’s first LNG-fueled ferry. Scheduled for delivery from
OCTOBER 16, 2013 — Transocean Ltd. (NYSE: RIG) has been awarded a five-year contract for a newbuild dynamically positioned ultra-deepwater drillship by Chevron U.S.A. Inc. Construction of the newbuild drillship is expected
OCTOBER 14, 2013 — Cargotec reports that its MacGregor subsidiary has received an order for two MacGregor active heave-compensated (AHC) offshore cranes from a Turkish shipbuilder. A 400-tonne MacGregor subsea crane on
OCTOBER 11, 2013 — Scorpio Tankers Inc. (NYSE: STNG) (the “Company”) announced today that it has exercised options to construct two Very Large Gas Carriers in South Korea. The company also took
OCTOBER 11, 2013 — Huntington Ingalls Industries (NYSE:HII) reports that the amphibious transport dock Somerset (LPD 25) returned from successful U.S. Navy acceptance sea trials on Sept. 20. The company’s ninth ship
OCTOBER 11, 2013 — The Navy’s first Joint High Speed Vessel, USNS Spearhead (JHSV 1), has successfully completed its Initial Operational Test and Evaluation (IOT&E) end-to-end event, NAVSEA announced Oct. 3. U.S.
OCTOBER 11, 2013 — Malaysia’s national oil company Petronas has ordered four 150,000 cu.m Moss type LNG carriers from Hyundai Heavy Industries (HHI), the world’s largest shipbuilder. The contract, signed yesterday in
OCTOBER 10, 2013 — Is this another example of private equity going where bankers fear to tread? The Singapore headquartered Navig8 Group yesterday reported an agreement with private equity investor Oaktree Capital