A woman is dead and two men were rescued following an early morning collision, yesterday, between a 600 foot freighter and a 92 foot sailboat five miles north of Roanoke Point Shoals in Long Island Sound. Roanoke Point Shoals is located north of Riverhead, N.Y., along Long Island’s North Shore. A Co
Norwegian offshore services company Siem Offshore Inc. (SIOFF.OS) Thursday said it has signed a five-year charter contract worth $80 million with Veolia Environment Inc. (VE) for its multipurpose Field & ROV support vessel. Veolia Environment has an option to purchase the vessel at the end of the fi
Avista Capital Partners, a leading private equity firm, today announced it has committed to invest $27 million in FDR Holdings Limited (dba Frontier Drilling) and certain of its subsidiaries in conjunction with other partners to partially finance Frontier’s acquisition and refurbishment of the Trans
The Board of Directors in the three W
Global Marine Energy PLC said its US subsidiary Patriot has secured additional orders worth 10 mln usd, including options exercised by the clients. The orders are from China’s Dalian New Shipbuilding for the supply of marine deck cranes to build new rigs. The orders follow the 9.6 mln usd worth of o
Bender Shipbuilding & Repair Co. Inc. has struck a deal with Trico Marine Services Inc. to build a pair of 210-foot offshore supply ships, the partners have announced. Trico (Nasdaq: TRMA) valued the deal at $35 million. Construction will start at Bender’s Mobile shipyard during the first quarter of
A 61-year-old man has been arrested on suspicion of manslaughter in connection with the deaths of three sailors who drowned in the English Channel after their yacht disappeared, police have said. The man, who was a crew member on a P&O ferry, was arrested yesterday morning at a police station in Ham
As visitors poured into the Southampton Boat Show to admire the many exhibits on display 70 British companies are proudly promoting British excellence overseas, as part of the Superyacht UK pavilion at the Monaco Yacht Show. Nearly half (30) of the companies exhibiting are based in the UK pavilion i
Among the American companies working to rebuild the war-torn and neglected Iraqi landscape is a Maryland manufacturer that recently won contracts for dredging equipment worth millions of dollars.Ellicott Dredges, a division of Baltimore Dredges LLC, has supplied equipment for projects from Baltimore
Cruise ship operator Carnival Corp.’s Holland America Line hired SeaMobile Enterprises to provide the company’s 13 ships with wireless cell phone and personal digital assistant device communications, SeaMobile said Wednesday. SeaMobile will begin installing wireless equipment on the ships later this
The stubborn, headlong rush toward the creation of more absurdly large ships continues without letup. Last month, Norwegian Cruise Lines announced that it has contracted with a French shipyard to build at least two — perhaps three — 150,000-ton vessels, each capable of carrying at least 4,200 passen
New Zealand’s innovative marine industry is on Europe’s radar this week with a dozen of its leading exporters exhibiting at the Monaco Yacht Show. Devoted to luxury yachting developments, the event showcases 520 marine companies from around the world, while 90 of the world’s finest superyachts will
Hyundai Heavy Industries Co. Ltd., (HHI) recently signed a Memorandum of Understanding(MOU) with Jiangsu Shagan Group Co., Ltd. to import 180,000 ton of shipbuilding steel plates annually. Including this contract, HHI is expected consume 22% of its steel plate requirement(3.2million ton) requirement
A company from the Nam Trieu shipbuilding industry, which is part of the Viet Nam Shipbuilding Industry Group (Vinashin), won a contract on Sept. 20 to build a 54,000-tonne cargo ship and a 13,500-tonne oil tanker. The 54,000-tonne ship will be 190m long and 32.26m wide and have a main engine of 9,4