SMIT Acquires Remaining 50 Percent in URS
Smit Internationale N.V. agreed with Fairplay Towage to acquire Fairplay Towageâ€™s 50 percent interest in URS. Through this acquisition SMIT will become 100 percent shareholder of URS…
Northrop Grumman to Build Amphibious Vessel
Northrop Grumman Corp. recently won a $1b contract from the U.S. Navy to build the ninth vessel of LPD-17 Class of amphibious transport ships. Northrop Grumman is…
Bollinger, Bouchard Sign Deal for Three
Work in progress at one of Bollinger’s OPA’90 barge building facilities continues on schedule, as the backlog increases with the signing of two 60,000 and one 80,000 BBL offshore units for Bouchard.
Cunard Line Queens to Meet in New York Harbor
On Sunday, January 13, 2008, Cunard Line operator of The Most Famous Ocean Liners in the World will, for the first and only time, sail their three liner Queens â€“ flagship Queen Mary 2…
Diamond Offshore Drilling Reports Incident
Diamond Offshore Drilling, Inc. reported that the semi-submersible drilling rig Ocean Whittington experienced an incident involving the ballast control system. The…
USCG – Towing Safety Advisory Committee
The US Coast Guard seeks applications for membership on the Towing Safety Advisory Committee (TSAC). The committee advises the agency on matters relating to shallow…
Homeland Security Bill Introduced
Representative Harman (D-CA) introduced the Reducing Over-Classification Act of 2007 (H.R. 4806) to require the Secretary of Homeland Security to develop a strategy…
Hyundai Heavy Aims for $27b orders in 2008
Hyundai Heavy Industries Co. said it was aiming to win $27.4b worth of orders in 2008 from an estimated $26.9 billion in 2007, the South Korean firm said on Monday.
Panama Canal Requests Proposals For New Locks Construction
The Panama Canal Authority (ACP) released its Request for Proposal (RFP) Friday on the "design-build" contract for the new locks under the Canal's Expansion Program.
W&T Offshore Acquires Interest in Federal Lease
W&T Offshore Inc. announced it has entered into an agreement with Apache Corp. to acquire Apacheâ€™s interest in Ship Shoal 349, a federal offshore lease off the coast of Louisiana, for $116m.
Hercules Closes Sale of Fleet
Houston-based Hercules Offshore Inc. reported it has closed the previously announced sale of its fleet of nine land drilling rigs and related assets to Petrex Sudamerica Sucursal de Venezuela S.A.
T&T Bisso Salvages Tug
The 600 ton capacity D/B BIG T, owned by T&T MARINE SALVAGE of Galveston, Texas, and the 700 ton capacity D/B CAPPY BISSO, owned by BISSO MARINE of Houston, Texas…
Gladding-Hearn Delivers to Galveston Pilots
Gladding-Hearn Shipbuilding, Duclos Corporation, has delivered a new rigid-bottom, soft-sided pilot boat to the Galveston Texas-City Pilots. The jet-driven, all-aluminum Galveston Bay measures 43 ft.
Dockwise Takes Delivery of Heavy Transport Vessels
Following the delivery of the Transporter in May 2007, heavy lift vessel Target, one of the former Sealift vessels, now joins the fleet of Dockwise Transport BV…
Omni Energy Names COO
Carencro, La.-based Omni Energy Services Corp. recently named Brian Recatto chief operating officer. Recatto joined the oilfield services firm in March 2007 as vice president.
Ship Capsizes, 11 Feared Drowned
According to Xinhua, Eleven sailors are feared drowned after the timber-laden ship they were sailing on sank in Brunei Bay near Malaysia's Labuan island. The Thailand…
USS Norfolk Deploys
The Los Angeles class fast-attack submarine USS Norfolk (SSN 714) departed Naval Station Norfolk's Pier 3 Dec. 28, beginning a regularly scheduled six-month independent deployment.
Daewoo Wins $645m Order
Daewoo Shipbuilding and Marine Engineering Co. said it has won $644.8m order to build a drillship for an unidentified company in Oceania. Daewoo said in a filing…
China Shipping Devt Orders Dry Bulk Carriers, VLOC
China Shipping Development Ltd said it will pay more than $800m for 10 dry bulk carriers and four very large ore carriers. It said the dry bulk carriers were ordered from subsidiaries of its parent…
Energy Partners Declares Dry Hole
Energy Partners Ltd. has reported its Gulf of Mexico Shelf exploratory well in South Timbalier 214 No. 2 was drilled but did not find commercial hydrocarbons and is being declared a dry hole.