CapRock Expands
CapRock Communications expanded its international presence with a support center in Luanda, Angola based on an increase in the demand for satellite communicationsā¦
Netherlands Changes Ship Registration Law
Recent changes to Dutch law safeguarding the right of free establishment in Europe mean that ship registration regulations in the Netherlands have been relaxed.
Aker Yards Revenue Up 52 Percent
Aker Yards ASA reported a record high EBITDA $62m for the second quarter of 2006, an increase of 59 percent compared with the second quarter of 2005. The total orderā¦
FLIR Systems Wins Contract
FLIR Systems Inc. is being awarded a maximum $34.8m firm-fixed-price, indefinite-delivery/indefinite-quantity contract for enhanced targeting sights (ETS) for Specialā¦
BIW Awarded $115.8M Contract
Bath Iron Works Inc. (BIW) is being awarded a $115.8m cost-plus-award-fee/cost-plus-fixed-fee contract for DDG 1000 Zumwalt Class Destroyer detailed design, andā¦
ASRY Expands Slipway Development
ASRY completed the final design and specification for the new slipway, to be launched in the last quarter of 2007. The original design called for a single slipwayā¦
Grand Cayman to Build Cruise Ship Dock
The island of Grand Cayman, which has long resisted building a cruise ship dock out of concern about environmental damage that would result from dredging a channel into George Town Harborā¦
Vinashin Eyes Future Growth
It has only been a decade since the Vietnam National Shipbuilding Corporation (Vinashin) started operations yet it has been able to accumulate sizeable capital andā¦
Technology Firms Assist Navy Shipbuilding
According to Pascagoula Mississippi Press, while the welders, fitters and engineers at Northrop Grumman work on the ships that will soon form the nucleus of the Navy's updated surface fleetā¦
GEM, Hyundai Sign Contract for Five Tankers
Gulf Energy Maritime (GEM) awarded South Korea's Hyundai Mipo Dockyard Co. Ltd. a contract for five high specification double hulled product/chemical tankers for delivery during 2006/2007.
Baker Hughes Announces July 2006 Rig Counts
Baker Hughes Incorporated announced that the international rig count for July 2006 was 921, up 15 from the 906 counted in June 2006, and up 10 from the 911 counted in July 2005.
Greenā Ships Call at Port of L.A.
The Hatsu Smart, one of Evergeen Groupās āgreenā mega ships, recently made its maiden call at the Port of Los Angeles alongside sister ship Hatsu Sigma ā the firstā¦
IMOS to Handle Tanker Expansion for NSCSA
The National Shipping Corporation of Saudi Arabia (NSCSA) has licensed Veson Nauticalās complete Integrated Maritime Operations System (IMOS). IMOS will manage NSCSAāsā¦
NASSCO, U.S. Shipping Partners Finalize Contract
General Dynamics NASSCO has finalized a $1b contract with U.S. Shipping Partners L.P. (USS) to build nine product carrier tankers. The contract includes options for five additional ships.
MICAD Marine, France Helices Announce Partnership
MICAD Marine has formed a partnership with France Helices to offer vessel operators condition-based maintenance monitoring on the NEW Surface Drive System. The NEWā¦
Rowan Obtains Drilling Contracts
Rowan Companies, Inc. was awarded term drilling contracts for two Class 116-C jack-up drilling rigs to begin operating offshore Qatar in late 2006 or early 2007.
Global LNG Fleet to Peak in 2008
According to Dubaiās Gulf News, excess capacity in the global fleet of liquefied natural gas carriers will be at its highest this decade in 2008, due to a growingā¦
Dubai Offshore Oil Fields Transition to New Operator
The Government of Dubai and Dubai Petroleum Company (DPC) announced a joint agreement that will change the operating arrangements for Dubai offshore oilfields. Effective April 2007ā¦
Aker Yards, Damen Finalize Agreement
Aker Yards and Damen Shipyards Group have finalized the process of establishing joint ownership of the Damen Shipyards Okean. The plans involve increasing the output capacity of the yard to 60ā¦
U.K. Eyes Deepwater Wind Farms
As Britain's North Sea oil and gas stocks dwindle, the government is seeking new ways of harnessing natural resources to ensure a diverse and secure future energy supply.
