STX Pan Ocean to spend $810
STX Pan Ocean a South Korean shipping firm, said on Wednesday it would spend about $810 million in 2008 on new vessels including bulk ships and containers. STX Pan Ocean…
CSSC Profits Boom
China State Shipbuilding Corp (CSSC) profits almost tripled last year as it boosted output and improved production efficiency, according to chinadaily.com. Net income surpassed $1.93b last year…
Zipponi Supports Merge
According to www.euro2day.gr, reformed communist politician and parliament member Maurizio Zipponi has proposed to the Italian government a merger of Fincantieri…
Financial IUpdate on Asia and China
According to Bloomberg.com, Asian stocks rose for the first time in four days, led by financial shares, after China Merchants Bank Co. doubled its profit and Citic Securities Co.
BAE Names Clifford as President of Ship Repair Business
BAE Systems has appointed Bill Clifford as president of its Ship Repair business, effective April 1, 2008. Clifford will succeed Al Krekich, who will retire March 31…
Contract Over Victorian Submarines
According to www.nwemail.co.uk, BAE was allied to a Nova Scotia based company, Irving Shipbuilding, and others in a consortium which fought for the contract to maintain…
Korea's Shipbuilding Industry Update
According to English.chosun.com, Korea's southern island Geoje has a 400-hectare plot where 26,000 shipbuilders are hard at work. The shipyard owned by Daewoo Shipbuilding…
Wärtsilä Signs Ship Overhaul Contract
Wärtsilä signed in December a $13m contract with Norwegian ferry operator New Kystlink AS for an overhaul project of Kystlink's Pride of Telemark ferry. This contract…
Rowan Announces New Drilling Commitments
Rowan Companies, Inc. announced that it has signed a drilling contract for one of its Gorilla class rigs for approximately six months of work offshore eastern Canada…
RINA Provides Three New Class Notations
providing three new Additional Class Notations. those ships which meet the higher criteria set by the voluntary standards. FATIGUELIFE assigned to ships designed…
OPE Awards SSP-320 Design to WorleyParsons
OPE, Inc. has awarded WorleyParsons SEA Engineering the detailed design of the SSP-320 Hull. vessels and traditional platforms. availability. capacity.
MSC Accepts USNS Richard E. Byrd
Military Sealift Command accepted delivery of dry/cargo ammunition ship USNS Richard E. Byrd in San Diego. The ship was built by General Dynamics NASSCO. Byrd, designated T-AKE 4…
Korean Shipbuilder Will Build and Invest in U.S. Company
Korean ship builder NOK-BONG Ship Building Co., Ltd. (NBS) has purchased 20,000,000 unissued shares of common stock in St. Lawrence Energy Corp., a Delaware corporation…
Salvors Supports IMO Guidelines
Salvors have welcomed the International Maritime Organization’s adoption of Guidelines on the Control of Ships in an Emergency. The Guidelines, adopted by the IMO’s Maritime Safety Committee…
Hornbeck Offshore to Acquire Superior Achiever
Hornbeck Offshore Services, Inc. announced today that it has entered into a definitive asset purchase agreement with Superior Offshore International, Inc, a subsea…
Progressive Barge Lines Building
Located at Westwego on the West Bank of the Mississippi across from New Orleans, Progressive Barge Lines is established in the local bunkering business. Recently…
Transocean Inc. Update On Fleet Contract
Transocean Inc. announced that its report of drilling rig status and contract information covering the company's 140-unit offshore drilling fleet has been updated as of January 8, 2008.
Rolls-Royce Quarterly News
In the final quarter of 2007, Rolls-Royce continued to expand its global capability, with strong performance in the marine and offshore sectors. The offshore marine…
Crowley Promotes John Ara
Crowley Maritime Corporation announced that John Ara has been promoted to vice president with responsibility for the company's Atlantic/Gulf Coast commercial and marine operations business.
CNO Embarks on U.S. Shipyard Tour
Chief of Naval Operations (CNO) Adm. Gary Roughead left the Pentagon, Jan. 7 on an eight-day trip to visit private and public shipyards throughout the U.S. As detailed in the 2007-2008 CNO Guidance…
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