Davie Yards (TSX:DAV) received confirmation that its client Ocean Hotels has finalized a $100m loan agreement with Export Development Canada (EDC) for the financing of two Multipurpose Accommodation Vessels contracted at Davie.“Now that our client has secured its financing with EDC…
On December 11, the last newbuilding of a series of 3,400 TEU container ships entered the waters at the Emden-based TKMS Blohm + Voss Nordseewerke – a company of ThyssenKrupp Marine Systems. This technical launch took place nine months after the laying down of the first double-bottom section…
Keppel FELS Limited (Keppel FELS) is on track to deliver West Vencedor, the sixth of seven KFELS semisubmersible drilling tenders (SSDT) to Seadrill Limited before the end of 2009. The completion of this project on time and within budget, will…
On December 4, 2009, a federal district court in Va. entered judgment in favor of the U.S. Coast Guard and Matson Navigation Company, Inc. in a long-running vessel foreign rebuild case. Winston & Strawn LLP represented Matson. The Shipbuilders Council of America…
More than three decades ago, marine scientists in the United States first identified the need for a research vessel capable of bringing scientists to Alaska’s icy northern waters. The University of Alaska Fairbanks has announced its intent to award a $123m contract that will meet that need…
Washington Marine Group announced that it has acquired substantially all of the Victoria-based assets of Canadian Maritime Engineering (CME). CME has operated a ship repair business at the Esquimalt Graving dock since 2004. The CME assets include a large shop…
STX Finland Oy and the South African Department of Environmental Affairs has signed a contract for construction of a Polar Supply and Research Vessel. The ship with a value of approximately $173m will bring some 600 man-years of work. The ship…
General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics (NYSE: GD), laid the keel of the fifth ship of its State-class product carriers. The ship will be named Evergreen State, the state nickname of Washington.NASSCO began constructing the future Evergreen State last May…
According to a Nov. 10 report from the Daily Press, Newport News-based Davis Boat Works Inc., Portsmouth-based Associated Naval Architects, Norfolk's Lyon Shipyard and Tecnico Corp. in Chesapeake all got a boost from the Navy last week, receiving a combined $127…
Shipbuilders at Northrop Grumman Corporation's (NYSE:NOC) Shipbuilding sector in Newport News, Va., signed a 15-ft banner in preparation for the upcoming keel laying ceremony for the nuclear-powered aircraft carrier Gerald R. Ford (CVN 78). The banner will be on display at the ceremony on Nov…
Austal has officially opened its new Modular Manufacturing Facility (MMF), equipping its U.S. shipyard with the ability to build up to three 328-ft-plus vessels each year.Phase One of the new $88m facility boasts 35,000m2 of manufacturing space under one roof…
Fincantieri Cantieri Navali Italiani S.p.A is investing and committing more than $40m in 2009-10 facility improvements at its mid-tier United States shipyards, Marinette Marine Corporation (MMC) and Bay Shipbuilding Company. The currently…
Safariland, a BAE Systems line of business, announced that it has completed delivery of ballistic protection kits to Gladding-Hearn Shipbuilding for use on each of 12 U.S. Navy escort vessels. The 64-ft Screening Escort Vessels (SEV) will be operated by the U…
Keppel FELS Ltd (Keppel FELS) has delivered two rigs safely, ahead of schedule and within budget to owners. The KFELS B Class jackup rig, Greatdrill Chitra, was delivered to India’s Greatship Global Energy Services Pte Ltd (Greatship) 12 days ahead of schedule…
Keppel Shipyard Limited (Keppel Shipyard) is on track to deliver the first floating production storage and offloading (FPSO) vessel for the US Gulf of Mexico (GoM) to BW Pioneer Ltd, an affiliate of BW Offshore. Named on Oct. 26 at Keppel Shipyard…
