Navy Awards Contract for LCS Construction
The Navy has awarded General Dynamics - Bath Iron Works today a $223,262,430 option exercise contract modification for detailed design and construction of the second Littoral Combat Ship (LCS).
Navy Contracts for Sub Conversion
The Navy awarded General Dynamics Electric Boat (GDEB) a cost reimbursement modification, valued at $162,359,000 for the conversion of the USS Georgia from an Ohio…
This Day in Naval History - Oct. 15
1917 - USS Cassin (DD 43) is torpedoed by German submarine U-61 off the coast of Ireland. In trying to save the ship, Gunner's Mate Osmond Kelly Ingram becomes first…
LNG Consortium Orders Eight Ships
The joint Iran-India liquefied natural gas consortium, which is yet to be established formally, is to place an order for eight new LNG carriers valued at $1.6 billion as its first step for exports…
Shipbuilding Credited for Town's Growth
Tsuneishi Heavy Industries (Cebu) Inc. (THICI) has contributed a lot to the development of Balamban, according to a report in the Sun Star Cebu. THICI is a joint…
Vietnam Receives New Ship Technology
The Viet Nam Ship Buiding Industry Corporation (Vinashin) with assistance from the Ship Design and Research Centre (CTO) of Poland, opened a training course for…
Daewoo Gets Two-Rig Order
Frigstad Offshore Drilling Ltd. reportedly signed with Daewoo Shipbuilding & Marine Engineering Co., Ltd to build a pair ultradeepwater semisubmersible drilling units.
Shipyard Thrown a Lifeline
A shipyard in crisis has been thrown a lifeline after securing a major ferry contract, according to a report on the Scotsman.com. The Ferguson yard in Port Glasgow…
IMO: Retention of Original Records
The IMO issued a Circular reminding Member States of the importance of the retention of original records and documents on board ships engaged in international commerce.
U.S. Naval Control of Shipping (NCS) exercise
The Maritime Administration (MARAD) issued an Advisory stating that Naval Control of Shipping (NCS) authorities are conducting an exercise in international and coastal…
LNG Meeting Set for December
A two-day conference on LNG Development in the Northeast will be presented in Boston on December 5-6. Topics on the agenda include: LNG and its rising demand; State regulatory perspectives…
First Order for New Containership Series
Nordseewerke GmbH, a company of ThyssenKrupp Marine Systems, received to new orders for a 3,400 TEU container ships. These orders mean the development, design and…
Eight New Coastal RoRos Slated for U.S.
Maritime Transport & Logistics Advisors, LLC (MTLA) an industry consulting firm based in Ft. Lauderdale, FL has been engaged by Roadships America, Inc. to provide research and analysis of the U.S.
Salvage Ships Return to Little Creek
Navy rescue and salvage ships USS Grapple (ARS 53) and USS Grasp (ARS 51) returned to their homeport of Naval Amphibious Base Little Creek Oct. 5 and Oct. 10, respectively…
Aker Yards Signs $100M Contract
Aker Yards has signed a contract worth approximately NOK 650 million to build a Well Intervention Vessel for Island Offshore. The vessel will be delivered in January 2008.
This Day in Naval History - Oct. 14
1918 - Naval aviators of Marine Day Squadron 9 make the first raid-in-force for the Northern Bombing Group in World War I, when they bombed a German railroad at Thielt Rivy, Belgium.
PPL Shipyard Completes Acquisition of Sabine Industries
Further to its announcement dated September 22, 2005, “SembCorp Marine’s PPL Shipyard Acquires Sabine Shipyard in Texas, USA”, SembCorp Marine is pleased to announce…
ACL IPO Closes
American Commercial Lines Inc. (NASDAQ: ACLI) announced the closing of the initial public offering of 9,487,500 shares of its common stock at a price to the public of $21.00 per share.
CNOOC Announces Discovery
achieved a new discovery, Luda (LD) 27-1, in Bohai Bay. Discovery well LD 27-1-1 is an independent wildcat spudded this July. well was drilled in 16 meters of water to a total depth of 2772 meters.
ATP Wins GOM Lease
Lease Sale held in New Orleans this past August. which were awarded at a total cost of approximately $0.6 million dollars. gas pay. water. planned drill site for…