Otto Marine Limited, a leading offshore marine company which specialises in building complex offshore support vessels, ship chartering and offers specialised offshore services, today issued a profit warning regarding the financial results of the Group for the second quarter ended 30 June 2011 (“Q2”)
Marcon International, Inc of Coupeville, WA, announced the sale and delivery of two 5,630BHP new ASD sister-tugs from Turkish builders, Bogazici Denizcilik to Owners in the United Arab Emirates. The tugs were designed by Cintranaval-Defcar of Spain for berthing and unberthing of vessels at LNG termi
A decade-old, multibillion-dollar attempt by the Navy to develop a radically different family of warships is reeling from cost overruns, structural problems… By Gary Robbins (signonsandiego) [mappress] Source: signonsandiego, August 1, 2011
Keppel FELS Limited (Keppel FELS) is on track to deliver Scarabeo 9, a 6th generation ultra-deepwater semisubmersible drilling rig, to Saipem S.p.A (Saipem) on time and with no lost time incidents. A significant part of Keppel FELS’ workscope on Scarabeo 9 involved the completion and commissioning o
TETRA Technologies, Inc. recently announced that it has acquired a newly built derrick barge with a 1,600 metric ton capacity, fully-revolving crane and accommodations for 300 personnel for an expected total investment of approximately $71 million, including the purchase price and inspection, transp
Country’s leading shipbuilding company, Western Marine Shipyard Ltd today delivered four vessels to the German buyer Grona Shipping and Bangladesh government creating another milestone in the shipbuilding industry of Bangladesh. Among the four vessels, German buyer Grona Shipping received two 5200 D
As workers at Ingalls Shipbuilding put the finishing touches on the United States Coast Guard’s latest National Security Cutter, the Guard’s Commandant… Hal Scheurich(fox10tv) [mappress] Source: fox10tv, August 1, 2011
Oman Drydock Company received the first German container vessel, in addition to a vessel called ‘Raysut Cement Carrier’. Deputy Chief Executive Officer of Oman Drydock Company Sheikh Khalil Al Salmi said that since last April, Oman Drydock Company has repaired 12 ships of various sizes. “The company
Ukraine considers the development of its relations with Singapore as a priority direction in its foreign policy in the Asia-Pacific region… (kyivpost) [mappress] Source: kyivpost, July 27, 2011;
The Western Marine Shipyard Limited (WMSL), one of the leading shipbuilder, will deliver 20 ocean-going ships worth $200 million to firms… (thefinancialexpress) [mappress] Source: thefinancialexpress, July 27, 2011;
The Navy awarded Bath Iron Works an additional $10 million for work on the shallow water USS Independence, a benefit of the shipyard’s… (timesrecord) [mappress] Source: timesrecord, July 26, 2011;
Export Finance and Insurance Corporation (EFIC), the Australian Government’s export credit agency, has provided a multi-million dollar… (investinaustralia) [mappress] Source: investinaustralia, July 25, 2011;
ONE of the most spectacular sights in the history of shipbuilding on the Clyde has been scheduled for next Friday… (heraldscotland) [mappress] Source: heraldscotland, July 22, 2011;
Four provinces are about to begin an anxious wait for the federal government’s decision in a battle to build the country’s next generation… (canadianbusiness) [mappress] Source: canadianbusiness, July 21, 2011;
