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General Dynamics NASSCO shipyard in San Diego has received a $744 million modification to its Navy contract for the Mobile Landing Platform (MLP)  to fully fund construction of the first two ships of the new ship class. Construction of the first ship will begin immediately, with delivery to occur by the spring of 2013. The contract includes an option for the construction of a third MLP w ...

DNV has participated in a joint industry project to develop Ecore, a Very Large Ore Carrier concept designed to lower fuel costs and improve loading efficiency. Based on existing technology, the Ecore concept is said to be a step change in VLOC design. Powered by two-stroke dual fuel ME-GI engines, this concept features a more ballast friendly hull shape, a large center cargo ho ...

Harvey Gulf International Marine recently launched the first in a series of three Green 300 ft offshore support vessels at Eastern Shipbuilding. Panama City, Fla. It took the launch ceremony as the occasion to announce  it has reached agreement with Eastern to build a 310 ft multi-purpose light construction vessel. And it said it plans to build two dual fuel platform supply vess ...

Drydocks World reports that it has signed a contract with Mumbai, India, based construction group, Afcons Infrastructure to provide detail engineering, procurement, construction and delivery of a self-elevating platform, AF SEP Samrat.The 45 m long flat bottom pontoon barge, which will be built at the Dubai facility, can be jacked up with four spuds and a jacking sy ...

Austal Limited (ASX:ASB) says it has reviewed its internal forecast for the full year ended June 30, 2011. It now expects net profits after tax to be in the range of A$20 million to A$23 million, which is below market expectations.The shipbuilder says this is a direct consequence of the unprecedented strength of the Australian dollar and its impact on Austal's Hender ...

U.S. Sen. David Vitter has sent a letter to Interior Secretary Ken Salazar announcing that he is holding up legislation in the U.S. Senate that would give Salazar a $19,600 per year pay raise. In light of BOEMRE Director Michael Bromwich's recent admission that his department has only issued one new deepwater exploratory drilling permit since the moratorium was formally lifted in Octobe ...

Nor-Shipping has yesterday announced the winners of the 2011 Clean Ship and Next Generation Ship Awards. The awards, which showcase industry excellence, were presented by Norwegian Minister of Trade & Industry Trond Giske and Henrik Madsen, CEO of Det Norske Veritas (DNV). An independent jury considered a total of 40 candidates for the 2011 awards. ...

Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) has appointed Scott W. Fernandez as Chief Commercial Officer. Mr. Fernandez will be responsible for the company's sales and marketing efforts effective immediately, and be based out of the company's headquarters in Jacksonville, Fla. He replaces Adam E. Gawrysh, Jr. who will leave the company effective May 27, 2011. ...

Wärtsilä is to supply the design and equipment for a new platform supply vessel (PSV) being built by Norwegian shipyard Hellesøy Verft AS for Vestland Offshore. The vessel is scheduled to be delivered towards the end of 2012.Based on the well-proven VS 485 design, the new VS 485 Mk III design vessel has a hull design optimized for greater efficiency, with corres ...

Somali government security forces on Tuesday seized almost $3.5 million U.S. dollars and arrested several foreigners at Mogadishu airport who intended to transfer the money to pirates in the center of the country, reports Xinhua, quoting a Somali security official who declined to be named.When two small planes carrying the money landed at the airport, ...