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

Hercules Offshore buys liftboat Titan 2

FEBRUARY 28, 2013 — Hercules Offshore, Inc. (Nasdaq: HERO) reports the execution of a definitive agreement to acquire the liftboat Titan 2 from a subsidiary of KS Energy Ltd. The purchase price

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

MOL holds naming ceremony for VLOC

FEBRUARY 28, 2013 — Vale International SA Director, Shipping & Distribution, Gurinder Singh (left in picture) has performed the naming ceremony for the latest addition to the Mitsui O.S.K. Lines, Ltd. (MOL)

Stevens Towing elects new president

FEBRUARY 27, 2013 — The Board of Directors of Yonges Island, SC, headquartered Stevens Towing Co., Inc., has elected W. Johnson Stevens, III, to serve as the new president of the company,

Meyer Werft floats out Norwegian Breakaway

FEBRUARY 27, 2013 — Meyer Werft yesterday floated the Norwegian Breakaway, the largest ship ever constructed in Germany, out of its covered building dock II in Papenburg, Germany where the 146,600-ton ship

Fiskerstrand to build two LNG-fueled fish feed vessels

FEBRUARY 27, 2013 — Two Norwegian fish feed transporters are to be LNG-fueled. Ordered by shipowner Egil Ulvan Rederi AS from shipbuilder Fiskerstrand BLRT AS in Ålesund, the vessels are being built

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

Bourbon takes delivery of third large IMR vessel

FEBRUARY 26, 2013 — Paris headquartered Bourbon has taken delivery of the Bourbon Evolution 803, the third vessel in what Bourbon says is the first large IMR (Inspection, Maintenance, Repair) series 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

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