Royal Caribbean confirms it is negotiating for third Oasis

OCTOBER 26, 2012 — Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) confirmed yesterday that it is, indeed, negotiating for the possible construction of a third Oasis-class cruise ship. The disclosure came as

Ocean Power Technologies gets $900,000 contract

OCTOBER 23, 2012 — Wave energy technology specialist Ocean Power Technologies (Nasdaq: OPTT), Inc. is benefiting from a Japanese Government decision to place far more emphasis on renewable energy following the Fukushima

Seaspan breaks ground for Vancouver Shipyards revamp

OCTOBER 19, 2012 — A groundbreaking ceremony today at Seaspan’s Vancouver Shipyards, in North Vancouver marks a significant milestone in redevelopment of the shipyard into a world-class facility that will build a

Hyundai Heavy Industries sees order intake shrink

OCTOBER 19, 2012 — More evidence, not that any was needed, of the  global shipbuilding demand downturn: Yonhap reports that Hyundai Heavy Industries Co., South Korea’s leading shipbuilder, said Thursday that its

Austal USA holds LCS 6 keel-laying ceremony

OCTOBER 18, 2012 — Austal USA today held a keel-laying ceremony at its Mobile, Alabama, shipyard for the third Independence-variant Littoral Combat Ship (LCS) – Jackson (LCS 6), one of five Austal-designed

Agribusiness bigs launch ocean freight partnership

OCTOBER 18, 2012 — Two global agribusiness giants, Decatur, Ill., headquartered Archer Daniels Midland Company (NYSE: ADM) and Singapore based Wilmar International Limited (SGX: WIL), say they have completed regulatory approvals for

Agribusiness bigs launch ocean freight partnership

OCTOBER 18, 2012 — Two global agribusiness giants, Decatur, Ill., headquartered Archer Daniels Midland Company (NYSE: ADM) and Singapore based Wilmar International Limited (SGX: WIL), say they have completed regulatory approvals for

Hornbeck orders two more from Eastern Shipbuilding

OCTOBER 15, 2012—Hornbeck Offshore Services, Inc., (HOS), which recently signed a contract with Bollinger Shipyards to stretch six Offshore Support Vessels for deepwater operations, has extended its newbuilding plans with orders for two

Singapore owners pick Wärtsilä X72 power for six newbuilds

OCTOBER 12, 2012 — Two Singapore-based shipping companies have chosen Wärtsilä X72 electronically controlled low speed engines to power six new vessels ordered from Chinese shipyards. The Wärtsilä equipment will be installed

Hornbeck awards Bollinger contract to stretch six OSVs

OCTOBER 10, 2012 — Covington, La., headquartered Hornbeck Offshore Services, Inc. (NYSE: HOS) has warded Bollinger Shipyards, Inc. a contract to convert six 200 class DP1 offshore supply vessels (OSVs), to 240

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