Huntington Ingalls Industries' Newport News Shipbuilding Division receives a $407 million contract extension to a previously awarded John F. Kennedy (CVN 79) contract.The award of the contract extends the period of performance, adds additional efforts for engineering…
The National Shipping Company of Saudi Arabia (Bahri) sells 'Saudi Diriyah' for recycling.The sale of the general purpose cargo vessel raised the sum of SAR. 30,257,136 generating a net gain of SAR 19,523,391 after deducting its book value and all expenses associated with the sale…
The Office of Naval Research (ONR) selected MECO to construct a new prototype advanced desalination system. This is the second time that ONR has turned to MECO, a producer of water purification plants, to provide a highly reliable and energy efficient solution…
Trans Marine Propulsion Systems, (TMPS) appointed agent by Anglo Belgian Corporation (ABC) Diesel Engines.TMPS has locations in Seattle, Washington and Tampa, Florida, and services most makes and types of diesel engines, including medium…
Mercator Lines (Singapore) Indian-owned international dry bulk shipping company cuts short charters, sell a ship.The sale of the vessel Sri Prem Putli was concluded on 21st March, 2013 resulting in net proceeds of USD 44.4 million. The proceeds…
Singapore-based Otto Marine contracted to fabricate 4 pre-erected columns & pontoon blocks worth S$6.3-million.Otto Marine Limited, an offshore marine company which specialises in building complex offshore support vessels, ship chartering…
ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering…
Drewry's latest 'LNG Insight' saw heating demand subside in major importing regions in February & cargo availablilty also tightened.Regarding cargo availability, a few unplanned shutdowns, caused a 4% decline in the LNG Freight Index.LNG shipping enjoyed a dream run during 2011 and 2012…
BAE Systems’ shipyard in Alabama has begun construction on the first of two platform supply vessels (PSVs) for GulfMark Americas, Inc. Executives and employees from both companies gathered recently at the BAE Systems’ facility in Mobile to oversee…
Strategic Marine also delivers fourth of eight windfarm service supply ships for UK operator in Singapore.Strategic Marine, a specialist shipbuilder with operations in Singapore, Australia and Vietnam, will build the Long Term Ashmore Capability…
Diana Containerships Inc. has taken delivery of the m/v “Hanjin Malta”, a 1993-built Panamax container vessel of 4,024 TEU capacity.The Hanjin Malta is time chartered to Hanjin Shipping Co. Ltd., Seoul, for a period of minimum thirty-six and…
Offshore Marine Management (OMM) completes a feasibility study for Forewind’s planned North Sea wind energy development.The study was undertaken to assess route feasibility options along one of the development’s 160km long export cable corridors…
Cat® 16CM32C generator sets selected to provide main power for a fixed platform & FPSO slated to operate in the Enping Oilfield.Four 16CM32C generator sets will be installed on the fixed drilling production platform; the remaining four will be installed on the FPSO…
Shell was a high bidder on 38 Gulf of Mexico blocks at the US Bureau of Ocean Energy Management (BOEM) Lease Sale 227.Shell continues to build upon a strong position in the Central Gulf of Mexico, bidding on a total of 43 blocks and exposed approximately $166 million…
Nordic American Tankers Limited (NAT) is to acquire a Suezmax tankship delivered to its owners earlier this year .The company has entered into a preliminary agreement to acquire a modern double-hull Suezmax tanker delivered from a top yard in South Korea in early 2013…