Contracts News


US Navy: DDG 1000's Composite Deckhouse Milestone

Jan 17, 2012

Composite materials are used to make cars, planes and boats, and have been used to build minesweepers and small surface combatants.  Now, the largest composite structure ever built—the DDG 1000 destroyer deckhouse—has been fabricated in Mississippi…

Diana Acquires Two Containerships

Jan 10, 2012

Diana Containerships Inc. (Nasdaq:DCIX), signed two Memoranda of Agreement with APL (Bermuda) Ltd. for the purchase of two Panamax container vessels, the m/v 'APL Sardonyx' and the m/v 'APL Spinel'.The m/v 'APL Sardonyx' is a 1995-built vessel of approximately 4…

Foss, State, Tribes to Build Columbia River Ferry

Jan 05, 2012

Partnership to create jobs; bring modern vessel to vital transportation link.  Foss Maritime Company is joining with Washington state and the Confederated Tribes of the Colville Reservation to build a state-of-the-art replacement for an…

Keel-laying at STX Turku Shipyard

Jan 04, 2012

The keel-laying of the multipurpose deck cargo vessel, built for Oy Gaiamare Ab, was held at STX Turku Shipyard on Wednesday January 4, 2012. The NB 1379 is 105.4m long and 18.8m wide, and is scheduled to be delivered in spring 2012.  Representatives of the customer Oy Gaiamare Ab…

Keppel Expands Offering for Offshore Wind Farm Installations

Jan 03, 2012

Keppel said it will acquire a substantial stake in OWEC Tower, an industry leading designer of jacket foundation. KV Ventus B.V., a wholly-owned subsidiary of Keppel Corporation Ltd. (Keppel) has today entered into a share purchase and subscription…

Keppel Wins $809m Contract from Sete Brasil

Dec 22, 2011

Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Fernvale Pte. Ltd., has secured a contract worth approximately $809m from Urca Drilling B.V., a subsidiary of Sete Brasil Participações S.A. (Sete Brasil), for the design and…

Wärtsilä to Design for Brazil Pipe Laying Vessels

Dec 22, 2011

Wärtsilä will supply the design and propulsors/positioning system for a series of two new flexible pipe laying vessels (PLVs) for advanced operations. The vessels are to be built at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in the Republic of Korea…

Bulk Carrier Charter Agreement With Morgan Stanley Capital Group

Dec 22, 2011

Paragon Shipping Inc. (NYSE: PRGN) entered into a fixed rate time charter agreement for its Panamax Vessel, M/V Coral Seas, with Morgan Stanley Capital Group Inc.  The M/V Coral Seas, a 2006 build, 74,477 dwt Panamax bulkcarrier, has been fixed to Morgan Stanley Capital Group Inc…

NWTC, MMC Shipbuilding Training Agreement

Dec 22, 2011

Hundreds of current and future shipbuilders will be trained in Marinette pursuant to a contract signed today by Northeast Wisconsin Technical College (NWTC) and Marinette Marine Corporation (MMC). “At Northeast Wisconsin Technical College, we…

Dockwise Secures $55m in Contracts

Dec 21, 2011

Dockwise Ltd. announced 12 new awards totaling $55m, of which six, to the value of more than $15m, are for execution in Q4 2011. The remaining contracts are for execution in 2012 and 2013. Furthermore the company has entered into a Master Service…

Viking River Cruises Orders Two Cruise Ships

Dec 21, 2011

STX France SA received an order to build two luxury cruise ships from Viking Ocean Cruises, an affiliate of Viking River Cruises. The vessels will be delivered in spring 2014 and spring 2015, respectively, and will be part of Viking's new Ocean Cruise brand…

First Marine Application for New Generation TCS-PTG

Dec 19, 2011

MAN Diesel & Turbo received an order for two Turbo Compound Systems including Power Turbine and Generator (TCS-PTG) from Samjin Shipbuilding in Weihai, China. The TCS-PTGs will be employed aboard two 4,700 TEU container vessels currently under construction…

SUNY Maritime Seeks Bidders for Water Barge

Dec 19, 2011

SUNY Maritime College is requesting sealed bids from bidders to purchase a Water Barge named the SUNY No. 1 (a/k/a/ EX-Water Barge No. 42) in its current “as-is, where-is” condition at its current mooring.  The minimum bid price for the  sale of this Water Barge is $25…

GPA Involved with T-AGOR-27 Contract

Dec 19, 2011

In October 2011, the Seattle-based Naval Architecture and Marine Engineering firm Guido Perla & Associates, Inc. (GPA) was awarded a contract to deliver the Regulatory Design and Detail/Production Design for the T-AGOR-27 Ocean Class Research Vessel…

NSRP Awards $17 million in R&D Projects

Dec 16, 2011

$17.1 Million in New Cost-Reducing Shipbuilding R&D ProjectsThe Executive Control Board of the National Shipbuilding Research Program (NSRP) has awarded funding for five new research and development projects to continue the program’s mission to reduce the costs associated with U…

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