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July 04, 2009         





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Stolt Tankers Cancels Newbuild Contract
6/30/2009 8:01:51 AM
Stolt Tankers B.V., a subsidiary of Stolt-Nielsen S.A. (OsloBørs: SNI), announced that it cancelled a contract with SLS Shipbuilding Co. Ltd. of South Korea for the construction of hull #474, a 44,000 dwt coated parcel tanker, the second in a series of four ships, citing extended delivery delays...

Northrop Grumman Contract, 10th Amphibious Ship
6/25/2009 9:45:37 AM
The U.S. Navy awarded a $213.8m cost-plus-fixed-fee advance procurement contract to Northrop Grumman Corporation (NYSE:NOC) that will provide long lead materials for LPD 26, the tenth amphibious transport dock ship of the USS San Antonio (LPD 17) class.

The funds will be used to purchase long...

New Navy Contract
6/19/2009 9:33:37 AM
The Columbia Group, Washington, D.C., is being awarded a $10,626,000 firm-fixed-price contract for Pluto Plus Remotely Operated Vehicles (ROVs).  The Pluto Plus system is a high-performance underwater ROV intended primarily for military use in mine identification and destruction operations. ...

STX Offhore Wins Shipbuilding Orders
6/15/2009 8:03:16 AM
In a sign with undoubted positive ramifications for the shipbuilding industry, Korea's STX Offshore & Shipbuilding reportedly won $340m in orders to build eight tankers (plus four options) for an unidentified company, Reuters reported
 ...

Nakilat in $950m LNG Tanker Deal
6/15/2009 8:02:04 AM
Reuters reported that Qatar Gas has raised $950 million of debt to fund its acquisition of 25 LNG Tankers. The vessel reportedly are being built by Daewooo, Hyundai and Samsung.
 ...

General Dynamics Repairs USS Hartford
6/9/2009 8:04:35 AM
The U.S. Navy has awarded General Dynamics Electric Boat a $15.8 million contract to plan and perform repair work on USS Hartford (SSN-768), a Los Angeles-class attack submarine damaged March 20, 2009, in a collision with the Navy amphibious ship, USS New Orleans, in the Strait of Hormuz.

Under...

Dockwise Secures $63 in Contracts
6/1/2009 9:26:02 AM
Dockwise Ltd. announced eleven near-and longer term contracts awarded to its subsidiary, Dockwise Shipping, for the transportation of jack-up drilling rigs, semi submersible rigs and port & marine infrastructure. Total revenues for the contracts are approx $63m, adding $33m to the backlog end of Q1 2009...

Omega Nav Time Charter, Omega King
6/1/2009 9:24:38 AM
Omega Navigation Enterprises, Inc. (NASDAQ:ONAV, SGX:ONAV50), a provider of global marine transportation services focusing on product tankers, announced that it has entered in to a new time charter agreement on the Omega King for a period of one year with an option period of one year with Torm A/S (Torm)...

20 Kalmar Shuttle Carriers to Algeciras
5/29/2009 9:50:54 AM
Cargotec's Kalmar business area has been awarded a contract to provide a fleet of shuttle carriers to TTI Algeciras S.A. in Spain. These 20 Kalmar SHC240H shuttle carriers have a single-lifting capacity of 40 tonnes and can stack containers two high. The equipment will be delivered by January 2010.

BW Fleet Management Repair Deal at ASRY
5/28/2009 9:39:04 AM
Tanker operator, BW Fleet Management, expanded its Fleet Repair Agreement with ASRY’s Bahrain yard. The new repair agreement was signed by Morten Steen Martinsen, managing director of BW Fleet Management and Chris Potter, CEO of ASRY, in April in Bahrain.  The Norwegian company, which operates...

Aker Solutions Contracts for Petrobras
5/28/2009 9:27:50 AM
Aker Solutions has been awarded two contracts for Petrobras' P-55 project in Brazil for the design and supply of an Aker Solutions' Pusnes offshore mooring system(TM) and a Pusnes riser pull-in system(TM). The total contract value for Aker Solutions is approximately NOK 130 million.
 
The...

Emerson Wins Contract with Golar LNG
5/26/2009 10:15:28 AM
Emerson Process Management has won a contract from Golar LNG to supply PlantWeb digital automation architecture for basic process control and safety systems on the Golar Freeze, a floating storage and regasification unit (FSRU) vessel. 

Currently an LNG carrier, the Golar Freeze will...

New USACE Contracts
5/21/2009 9:32:12 AM
Dutra Dredging Co., San Rafael, Calif., was awarded on May 15, 2009 an $18,224,915 firm-fixed-price contract for Harbor Improvements Phase III, St. Paul, Alaska, St. Paul, Alaska Dredging approximately 150,000 Cubic Yard (CY) for the entrance channel, maneuvering area, mooring area, and the intertidal...

Analox wins US and UK Naval Contracts
5/20/2009 10:12:30 AM
Analox has been awarded a contract by the US Defense department for the supply of a 40 additional Sub MkIIP Submarine Escape Monitors. This adds to the fleet’s current pool of 209 operational Sub MkIIP analysers.  In addition to supplying the fleet, Analox is contracted to the annual in service support of the analysers...

Raytheon, U.S. Navy Sign $259.9m Contract
5/20/2009 10:09:37 AM
Raytheon Company (NYSE:RTN) is being awarded a $259.9m U.S. Navy contract to overhaul and upgrade 57 Phalanx Close-In Weapon Systems and to provide ancillary equipment, spares, as well as additional technical support. The agreement calls for 40 sea-based Phalanx systems and 17 Centurion Land-Based Phalanx Weapon Systems...

New USACE Contract
5/11/2009 7:55:52 AM
Great Lakes Dredging & Dock Co, LLC, Oakbrook, Ill. was awarded on May 6, 2009 a $7,329,750 firm-fixed-price contract for the maintenance dredging on Columbia River with optional dredging at Coos Bay entrance channel.  Work is to be performed in Brandon, Ore., (11.8 precent), Arch Cape, Ore...

Elbit Systems $55m Contract
5/8/2009 9:25:56 AM
Elbit Systems Ltd. (NASDAQ:ESLT) announced that its subsidiary, Elisra Electronic Systems Ltd. (Elisra), was awarded a contract by Lockheed Martin Canada Ltd valued at approximately $55m to supply Electronic Warfare (EW) equipment for the Canadian Navy's Halifax Frigate Modernization program. Elisra's...

General Dynamics Contract for Another LCS
5/3/2009 1:54:28 PM
The U.S. Navy today awarded a contract to a Bath Iron Works-led team for the construction of Coronado (LCS 4), the second Littoral Combat Ship (LCS) to feature an innovative, high-speed trimaran hull. The 419 ft surface combatant ship, equipped with open architecture-based combat systems and computing...

RFQ for High Speed Ferry Service Operators
4/29/2009 2:56:52 PM
The Bridgeport Port Authority and the City of Stamford seek qualifications from prospective High-Speed Operators to develop, commence and operate a high-speed ferry service connecting Bridgeport and Stamford, Connecticut to points in Manhattan, New York City.  The Bridgeport Port Authority and the...

Oceanic Research & Recovery Funding Agreement
4/23/2009 9:46:03 AM
Oceanic Research and Recovery Inc. (ORRV), a marine salvage and exploration company, announced it has entered into a Private Placement for the amount of $1m.

ORRV has received the first round of funding; under the terms of the agreement the balance of funds will be paid on a regular ongoing basis over a period of six months...

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Electronic Navigation: Improved Training and Auditing Will Enhance Navigation Safety Jul 2 2009 2:40PM

Inmarsat FB150 Goes Live Jul 2 2009 10:14AM

Nor-Shipping 2009 Defies Economic Downturn Jul 2 2009 10:10AM

Coast Guard Rescues Sea Scouts Jul 2 2009 10:07AM

Downturns in Chinese Shipping Industry Jul 2 2009 10:05AM

South Korean Shipping Slump Jul 2 2009 10:05AM

Aker Solutions Expands Indonesian Facility Jul 2 2009 10:03AM

Sealink Delivers New Vessel Jul 2 2009 10:02AM

Kjelstad Appointed EVP of Aker Solutions Jul 2 2009 10:01AM

EU NAVFOR Develops Communication Technology Jul 2 2009 9:58AM

Bradford Serves First Freeport Customer Jul 2 2009 9:57AM

BAE Receives Grant Jul 2 2009 9:56AM

Penn State Receives Grant Jul 2 2009 9:54AM

Naval Funding for BAE Systems Jul 2 2009 9:53AM

Oceaneering Receives Naval Funding Jul 2 2009 9:52AM

Lockheed Martin Awarded Grant Jul 2 2009 9:48AM

Naval Grant for DynCorp Jul 2 2009 9:42AM

General Atomics Receives Naval Grant Jul 2 2009 9:41AM

New Resources for Shipbuilding Education Jul 2 2009 9:39AM

Singapore Delays LNG Terminal Completion Jul 2 2009 9:38AM

Wavespec Opens U.S. Office Jul 2 2009 9:36AM

Crowley Helps to Lower Emissions in Port Jul 2 2009 9:35AM

SAILOR 150 Gets Inmarsat Approval Jul 2 2009 9:31AM

Is it the End for Bender Shipbuilding? Jul 1 2009 1:38PM

SAFE Boats International Unveils Apostle Series Jul 1 2009 9:14AM

ATLAS Wins Naval Service Contracts Jul 1 2009 9:14AM

Aker Wirth Jul 1 2009 9:12AM

Vizada Launches Mobile Satellite Service Jul 1 2009 9:10AM

Marlink and Grimaldi Sign Contract Jul 1 2009 9:07AM

Hatteland Signs Long-Term Agreement Jul 1 2009 9:07AM

Keppel Secures New Contracts Jul 1 2009 9:05AM

SCI Takes Crude Container Delivery Jul 1 2009 9:02AM

Port Gets $2m for Pollution Control Jul 1 2009 9:00AM

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