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Vard books more orders, loses less

MARCH 1, 2017 — Fincantieri’s 69.67%-owned Vard subsidiary has reported fourth quarter and year end results for 2016. Among the highlights: a full year new order intake of NOK 10.6 billion (about

VT Halter and Hornbeck Offshore in arbitration

FEBRUARY 27, 2017 — Singapore Technologies Engineering reports that its wholly-owned U.S. shipbuilding subsidiary, VT Halter Marine, Inc., Pascagoula, MS, is involved in arbitration proceedings in New Orleans with Hornbeck Offshore Services,