Scorpio Tankers continues newbuilding spree

MARCH 7, 2013 — Scorpio Tankers Inc. (NYSE: STNG), which last week announced it had exercised options at Hyundai Mipo Dockyard for the construction of four MR Product tankers and two Handymax

Irving Shipbuilding awarded $288 million NSPS contract

MARCH 7, 2013 — Canadian Defense Minister Peter MacKay and Public Works Minister Rona Ambrose were on stage at Irving Shipbuilding, Halifax, Nova Scotia today to mark the signing of a  $288

BAE Systems Mobile lays keel for second dump scow

MARCH 6, 2013 — BAE Systems Mobile, AL, shipyard recently held a ceremony to mark the keel laying for the second of two dump scows ordered by Great Lakes Dredge & Dock

VLCC design cuts ballast water weight by 65 percent

MARCH 6, 2013 — Classification society ClassNK has granted AIP (Approval in Principle) to a tanker design that reduces the weight of ballast water required by about 65 percent compared with a

STX OSV takes a new name: Vard

MARCH 5, 2013 — The STX OSV Group of companies is adopting the new brand name Vard. The adoption of the new name, logo and brand identity follows the sale of STX

Seadrill exercises options for two more jack-ups

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

Marine Hydraulics awarded $6.9 million for Cole SRA

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)

Sinopacific to build AHTS quartet for Russian owner

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

Peene Werft delivers Swedish Coast Guard vessel

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

Big questions on costs of Canada’s NSPS

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).

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