MARCH 5, 2013 — Seadrill has exercised fixed price options for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China. The
MARCH 4, 2013 — Marine Hydraulics International, Norfolk, Va., is being awarded a $6,951,085 modification to previously awarded contract (N00024-10-C-4405) to exercise options for the accomplishment of the USS Cole (DDG 67)
MARCH 4, 2013 — China’s Sinopacific Shipbuilding Group has secured a contract to build four AHTS offshore support vessels for Russian shipowner, FEMCO. The vessels will be built to Sinopacific’s own SPA150
FEBRUARY 28, 2013 — Germany’s troubled P+S Werften, which is currently under insolvency administration, has handed over coast guard vessel KBV 033 to the Swedish Coast Guard in a ceremony at its
FEBRUARY 28, 2013 — A report published today by Canada’s Parliamentary Budget Office (PBO) indicates that the Canadian Government may have massively underestimated the costs of its National Shipbuilding Procurement Strategy (NSPS).
FEBRUARY 28, 2013 — Scorpio Tankers Inc. ( NYSE : STNG ) has exercised options with shipbuilder Hyundai Mipo Dockyard Co., Ltd. of South Korea for the construction of four MR Product
FEBRUARY 27, 2013 — With shipyards and shipyard workers likely to take some heavy hits as a result of looming sequestration cuts to defense spending, President Barack Obama yesterday used Huntington Ingalls
FEBRUARY 27, 2013 — The directors of STX OSV – including CEO and Executive Director Roy Reite – have advised shareholders not to accept the Singapore $1.22 per share mandatory cash offer for
FEBRUARY 26, 2013 — Roy Reite, CEO and Executive Director of STX OSV, says the group is “well-suited to serve the thriving subsea construction vessel market, for which we are still seeing
FEBRUARY 26, 2013 — Korea’s STX Offshore & Shipbuilding has awarded Wärtsilä a contract to supply exhaust gas cleaning systems for four new container RO/RO (ConRo) vessels being built for Italy’s Ignazio
