Louisiana-based aluminum boat manufacturer Metal Shark Aluminum Boats LLC has been awarded a contract to produce up to 350 specialized vessels for the United States Navy.The fixed-price contract is for the construction of the Navy’s High Speed Maneuverable Surface Target (HSMST) vessels…
MacGregor, part of Cargotec, has received an order worth $77 million (USD) for optimized cargo handling systems for five A-14-series and five A-18-series container vessels from Hyundai Heavy Industries Co. Ltd. in South Korea. The 14,000 TEU and 18…
A recent report US Government Audit Office (GAO) report, mandated by the House, discussed amongst other issues: (1) quality problems in constructing recently delivered ships and Navy actions to improve quality and (2) key practices employed…
Matson Signs Contract With Aker Philadelphia Shipyard For Two New 'Aloha Class' Containerships, First Ship To Be Named The Daniel K. Inouye.Matson, Inc., a U.S. carrier in the Pacific, announced today that its subsidiary, Matson Navigation Company…
The Port of Los Angeles Small Business Enterprise (SBE) Program awarded $97.6 million in contracts to small businesses during the 2012/2013 fiscal year of the $405.9 million that was awarded in construction and professional service contracts by the Port during the period…
Area includes approximately 658,000 acres The Bureau of Ocean Energy Management (BOEM) completed the Final Environmental Impact Statement (FEIS) for two proposed oil and gas lease sales in the Gulf of Mexico's Eastern Planning Area. 'This…
Dockwise, a wholly-owned subsidiary of Royal Boskalis Westminster N.V. (Boskalis) has been awarded the contract to load and transport the lifted 'Costa Concordia' wreck from Isola del Giglio onboard the 'Dockwise Vanguard'. The contract was awarded by Costa Crociere S…
Van Oord has ordered a new cable laying vessel. The ship will be built at Damen Shipyards Galati in Romania and will be completed at the end of 2014.The vessel is intended for the installation of electricity cables for offshore wind farms…
Saltchuk has signed a Purchase and Sales Agreement with Kimberly-Clark to buy a 66-acre property on the Everett waterfront, formerly home to Kimberly-Clark's pulp mill and tissue plant. The deal will initially bring approximately 250 skilled…
Aberdeenshire-based oilfield service company Romar International has awarded the contract of the management of its offshore workforce to Frontier International, an Aberdeen based international oil and gas recruitment company.The personnel management contract…
Charterer incurs US$138-million liability by breach of 'safe port' warranty in the 'Ocean Victory' case. Alistair Feeney, partner of London law firm Holman, Fenwick & Willan LLP gives valuable insights via London P&I Club news. The recent…
Intertek, a leading quality solutions provider to industries worldwide, has been awarded the dimensional control contract for INPEX Ichthys FPSO (Floating Production Storage Offloading) turret development. This contract calls for the assurance…
China National Offshore Oil Corporation (CNOOC) signed production sharing contract (PSC) with Smart Oil Investment Ltd. (Smart Oil) for Block 05/31 in Bohai. Block 05/31 is located in the junction of Qikou Sag and Nanpu Sag of the West of Bohai…
Jumbo has been awarded a contract by Malaysian pipelay contractor, Sigur Ros. Under the contract Jumbo, with the HLV Fairplayer will oversee transportation and installation of 126 gravity anchor spreads in water depths up to 1,400m, starting end 2013-beginning 2014…
Uncertainties in laytime definitions currently used in charter parties have been addressed in the latest Laytime Definitions of Charter Parties 2013, created by a shipping industry working group consisting of BIMCO, the Baltic Exchange, Comitė…
