An Atwood Oceanics subsidiary contracts with DSME Korea for an ultra-deepwater drillship to be named 'Atwood Admiral'The Atwood Admiral is expected to be delivered by March 31, 2015 at a total cost, including two blowout preventers ('BOPs')…
Crowley Maritime Corporation christen the 16,000-horsepower tugboat 'Legend' and 330,000-barrel tank barge 750-2 in Tampa, Florida.Together the vessels comprise the company’s newest articulated-tug-barge (ATB) and will be used to transport petroleum products between the U…
Huntington Ingalls Industries receives a previous contract modification for material procurement & advanced construction of 'John F. Kennedy'.The company's Newport News Shipbuilding (NNS) division is the prime contractor.This award enables…
'MV Star Norita', a 58,000 dwt supramax bulk carrier named and delivered from Tsuneishi (Zhoushan) Shipbuilding Inc., China.The vessel is a sister of the recently delivered Isabelita, Bonita and Kristinita of the TESS 58 design. Star Norita is 100% owned by Ugland Shipping AS…
DNV has been contracted to class the Petronas LNG FPSO (Floating Production, Storage, Offtake) vessel to be built by Korea's DSME. The unit will be built by DSME in Korea and is destined for the Kanowit field offshore Sarawak, Malaysia.…
Harvey Gulf International Marine closes its asset purchase purchase deal with Bee Mar LLC.The purchase price for the all-cash sale of Bee Mar's nine Offshore Supply Vessels was US$243-million. Harvey Gulf immediately renamed the vessels…
If hindsight is 20/20, then one might assume that predicting future market trends to the year 2020 is a severely myopic endeavor. As most in the maritime industry can attest, the clarity of future regulations is often only crystallized by the most recent disaster and resultant rules…
Fuel cost is the primary driver of today’s push to go “green.” While the side benefits extend much further, industry nevertheless moves ahead with extreme caution. Shipping lines trying to stay a step ahead of legislation aimed at reducing…
Women’s Sea Congress Looks at the FutureThe Women’s International Shipping and Trading Association (WISTA) conference program scheduled to be held in Paris October 3-5 will focus on issues facing shipping today. In addition to hosting its annual meeting and conference…
According to a report in the Wall Street Journal, A.P. Moller-Maersk A/S is set to address the continued sluggish global trade numbers by reducing its capacity and raising rates, in addition to more slow-steaming measures to reduce the near…
SAL Heavy Lift recently transported two living quarter modules from the fabrication yard in Stord, Norway to their destination in Onne, Nigeria. In addition to the sea transportation of the modules, SAL arranged a multi-modal pre-carriage…
The third CTruk 20T multi-purpose catamaran to join the expanding Offshore Turbine Services fleet is now operational on the London Array.The new vessel, named Admiral P, joins sister workboats Cardinal P and Captain P, all resin-infusion…
The Thai governmen approves the purchase of two medium-sized frigates with a budget of US$1-billion.The ships are needed to beef up the capability of the Thai maritime force in patrolling the country's territorial waters in the Gulf of Thailand and Andaman Sea…
Secretary of the Navy Ray Mabus announces that the first Armstrong-class Auxiliary General Oceanographic Research (AGOR) ship will be named 'Neil Armstrong'. Mabus named the future R/V Neil Armstrong (AGOR 27) to honor the memory of Neil Armstrong…
Seadrill has entered into a turnkey contract to build a new ultra-deepwater drillship at the Samsung yard in South Korea, for 2014 delivery.The project value price is estimated to be around US$600 million (including project management, drilling and handling tools…
