National Defense Tank Vessel Construction Assistance Update

Tuesday, May 25, 2004
The U.S. Maritime Administration (MARAD) is hosting two conference calls on May 26 to address issues regarding its Request for Competitive Proposals (RFP) for construction of up to five new tank vessels. The conference call for vessel owners and operators will be at 3:30 to 4:30 p.m. The conference call for shipyards will be at 4:30 to 5:30 p.m. 69 Fed. Reg. 29781 (HK Law).

Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

 
 
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