VT Halter Wins $16.3M Contract
VT Halter Marine Inc., signed a $16.3m contract to build a catamaran lift barge for Washington Group International (WGI) and WGI’s joint venture partner, Alberici Group.
Northrop Grumman Wins Korean Navy Hovercraft Deal
Northrop Grumman Corporation won a contract from General Marine Business Inc. Korea (GMB) to supply an integrated cockpit navigation and control system for the Republic…
Deck Cargo Barge for SE Asian Routes
The Hangzhou Dongfeng Shipbuilding yard is busy with multiple projects in their yard. In addition to a series of patrol vessels they are building a number of coastal ships and barges.
LNG Tanker Sold
The LNG tanker Methania (1978-131.235 m³) was sold to Distrigas pursuant to a new cooperation agreement. The capital gain on this sale amounts to $13 million for Exmar.
GL Introduces 24-Hour File Access Service
Germanischer Lloyd has introduced a File Access Service (FAS), offering permanent storage of specified ship drawings according to USCG requirements for immediate access around the clock.
Transocean Gets OK on Five Brazil-Based Rigs
Transocean Inc. said that the board of directors of Petroleo Brasileiro S.A. (Petrobras) approved contract awards for five of the company's rigs totaling 19 rig…
Ship Security Contracts Awarded
Integrating Systems & Technologies Inc., Crawfordsville, Ind., was awarded on June 20, 2005, a maximum value $10 million firm-fixed price, indefinite-delivery/indefinite…
Attorney’s Fees not Recoverable in action in rem
The U.S. Court of Appeals for the Eleventh Circuit ruled that attorney’s fees may not be recovered in an action in rem. In the instant case, plaintiff salvor successfully…
Bill re benefits for WWII Merchant Mariners
Senator Nelson (D-NE) introduced a bill (S. 1272) to amend title 46, United States Code, and title II of the Social Security Act to provide benefits to certain individuals…
Guidance re waterway suitability for LNG marine traffic
The U.S. Coast Guard issued guidance on assessing the suitability of a waterway for liquefied natural gas (LNG) marine traffic. The guidance may be used by an applicant…