MAY 3, 2013 — The Balboa, Panama, shipyard that formerly operated as Astilleros Braswell is back in operation after two years of inactivity. In January, Panama's Comptroller General approved a 20 year contract for operation and administration of the yard...
MAY 8, 2013 — Subsea 7 S.A. (Oslo: SUBC) has signed a contract with South Korean shipbuilding giant Hyundai Heavy Industries for a newbuild heavy construction vessel for delivery in 2016. Executive VP Commercial Steve Wisely (left) says the contract is... Read More
MAY 3, 2013 — Goltens has celebrated the opening of its new facility in Dubai Maritime City with a formal Grand Opening. "We are delighted at the Grand Opening of the modern state-of-the-art Goltens faciity," said Khamis Juma Buamim, Chairman of... Read More
MAY 3, 2013 — Singapore's Sembcorp Marine today reported a 5 percent growth in net profit from Singapore S$113 million in 1Q 2012 to S$119 million in 1Q 2013. Group turnover for the first quarter of 2013 registered an 11 percent increase to S$1.1... Read More
APRIL 30, 2013 — Algoma Central Corporation (TSE:ALC) reported today that the London, U.K., Arbitration Tribunal hearing a shipbuilding contract dispute involving Algoma Tankers International Inc., a wholly owned subsidiary of Algoma Central Corporation,... Read More