Scorpio Tankers exercises newbuild options at HMD

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

Obama visits NNS to warn of sequester dangers

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

STX OSV directors to shareholders: Reject Fincantieri offer

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

STX OSV set for recovery in demand in large AHTS market

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

Messina newbuilds to have Wärtsilä exhaust gas cleaning

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

Vancouver Shipyards Co. gets preliminary NSPS contracts

FEBRUARY 25, 2013 — Seaspan Shipyards’ Vancouver Shipyards Co. Ltd. has been awarded a series of preliminary contracts valued at a total of Canadian $15.7 million. They cover the joint support ships,

EC unveils new strategy for shipbuilding

FEBRUARY 20, 2013 — Remember LeaderSHIP 2015? Unveiled in 2003, it was the EU shipbuilding industry’s grand plan for survival in a tough world where new orders were drying up and newbuilding

DOF Subsea comments on Harvey Gulf charter

FEBRUARY 14, 2013 — As we reported earlier, DOF Subsea has entered into a long-term charter agreement with Harvey Gulf International Marine for the newbuild DPII Multipurpose Construction Vessel, the Harvey Deep

Teekay’s LNG burning two strokes promise big benefits

FEBRUARY 13, 2013 – More details are emerging on the two 173,400 cu.m. LNG carriers with LNG-fueled two stroke engines ordered by Teekay LNG Partners from Daewoo Shipbuilding & Marine Engineering in

Harvey Gulf gets $100 million charter for newbuild

FEBRUARY 11, 2013 — New Orleans headquartered Harvey Gulf International Marine LLC reports that it has signed a $100 million four year charter with DOF Subsea for its 310 ft multipurpose construction

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