Fincantieri completes its acquisition of STX OSV

JANUARY 23, 2013 — Fincantieri reports that wholly owned subsidiary Fincantieri Oil & Gas S.p.A., has successfully completed the acquisition of 50.75 percent of STX OSV from STX Europe, at a price

Seaspan orders five 14,000 TEU containerships from HHI

JANUARY 16, 2013 – Hyundai Heavy Industries (HHI), the world’s largesT shipbuilder, today reported that it has won a $600 million order from Seaspan Corporation for five 14,000 TEU containerships. The contract

Triyards turns in profit, adds SEU to order book

JANUARY 9, 2013 — Singapore-listed Triyards Holdings Limited has turned in a first quarter FY 2013 net profit of US$6.5 million and landed a new US$60 million order for a self-elevating unit

LNG ship orders give HHI order book a year-end boost

DECEMBER 26, 2012  — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, reports that it won an order for one 155,000 cu.m liquefied natural gas carrier worth $210 million from

LR gives approval in principle to LNG-fueled bulker

DECEMBER 21, 2012 — Lloyd’s Register has given approval in principle (AIP) to a new “Clean Sky” bulk carrier design featuring an LNG-as-fuel system. Chinese shipbuilder COSCO, Piraeus, Greece, headquartered shipowner Golden

Navy exercises tenth JHSV construction option

DECEMBER 20, 2012 — Austal USA, Mobile, Ala., is being awarded a $166,881,824 modification to previously awarded contract (N00024-08-C-2217) to exercise the construction option for Joint High Speed Vessel 10.   This

Chouest and Island Offshore order MPCV at Ulstein

DECEMBER 20, 2012 — Island Ventures II LLC, a partnership between Edison Chouest Offshore and Island Offshore, has signed a contract with Ulstein Verft AS for the construction of a Multi Purpose

Aker Philly starts production of second SeaRiver Aframax

DECEMBER 19, 2012 — A small ceremony in the Fabrication Shop of Aker Philadelphia Shipyard, Inc. marked the start of production activities today on the second of two Aframax tankers that the

Arctech Helsinki Shipyard gets another icebreaker order

DECEMBER 19, 2012 — While the U.S. Congress continues to try to figure out how to find funding for a much needed expansion of Coast Guard icebreaker capability, the Russian Ministry of

Pacific Drilling extends drillship option at Samsung

DECEMBER 18, 2012 — Pacific Drilling S.A. (NYSE: PACD) announced today that it has reached an agreement with Samsung Heavy Industries to extend an option to construct an eighth ultra-deepwater drillship until

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