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April 16, 2014
Lockheed Martin delivers LNG tank for Harvey Gulf newbuild
APRIL 16, 2014 — Lockheed Martin [NYSE: LMT] has leveraged technology and experience from the manufacturing of NASA's space shuttle external tanks to deliver the LNG tank for the first of the series of LNG-fueled offshore support vessels...
April 16, 2014
BAE Systems picks Siemens for MSSCV diesel electric solution
APRIL 16, 2014 — Siemens Industry has been awarded a multi-million dollar contract to supply its Blue Drive low voltage diesel electric propulsion solution for the Multipurpose Subsea Support and Construction Vessel (MSSCV) to be built by BAE...
April 16, 2014
Tall ship Oliver Hazard Perry nears completion
APRIL 16, 2014 — The largest tall ship to be built in the U.S. in the past 100 years is coming closer to completion. Work on the 200 ft, three masted, square rigged SSV Oliver Hazard Perry is underway at several locations. The ship's hull is at...
April 16, 2014
Rolls-Royce to pay EUR 2.43 billion for Daimler RRPS stake
APRIL 16, 2014 — Rolls-Royce and Daimler report that they have agreed the valuation of Daimler's 50% equity interest in the joint venture Rolls-Royce Power Systems (RRPS). Both parties have determined the fair market value of Daimler's shares...
April 16, 2014
Great Lakes Shipyard wraps up winter work
APRIL 16, 2014 — Great Lakes Shipyard, Cleveland, Ohio, reports that its winter layup season work is wrapping up. Repair work took place on the American Steamship Company's M/V Sam Laud, Grand River Navigation's M/V Manitowoc, Interlake...
April 16, 2014
Many missing after Korean ferry capsizes and sinks
APRIL 16, 2014 — A massive rescue effort is underway after the capsize and sinking of a 6,586 gt ferry carrying 462 people off South Korea's southern coast. Korea's Ministry of Security and Public Administration said there have been at least...
April 15, 2014
Transport this tiny tug anywhere
APRIL 15, 2014 — In collaboration with Dutch shipyard Ooninex Shipbuilding BV, naval architectural firm BEN3D BV, Duizendschoon, the Netherlands, has introduced a compact workboat that can be transported in a standard 20-foot container. Called...
April 15, 2014
Chouest to build additional Brazilian base at Açu
APRIL 15, 2014 — Prumo, a privately held Brazilian company developing the Açu Port in the north of the State of Rio de Janeiro says it has signed an agreement that will see Edison Chouest Offshore build an offshore logistics support base and...
April 15, 2014
Red ink quarter for International Shipholding
APRIL 15, 2014 — International Shipholding Corporation (NYSE:ISH) expects to report a first quarter net loss, before preferred dividends, in the range of $3.3 million to $3.7 million. It says this is primarily attributable to lower than...
April 15, 2014
Saab signs MOU to acquire Kockums
APRIL 15, 2014 — Sweden looks to be on its way to be regaining domestic control of its submarine building industry — fifteen years after selling its national submarine-maker Kockums to Germany's HDW, now ThyssenKrupp, which renamed Kockums as...

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