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Within days of selling two newbuild anchor handlers, Singapore-listed Otto Marine Limited has entered into a contract that will see the sale to Mermaid Marine Australia Ltd (MMA) of a newbuild 75 m DP II Platform Supply Vessel of MT 6009 MKII diesel electric ...

In another example of "catch and release," EU Navfor is to release two pirate suspects to Somalia, beacuse of "insufficient evidence to secure a prosecution."The two were grabbed on the afternoon of  April 3, 2011, when the EU NAVFOR Spanish warship ESPS INFANTA ELENA, identified and boarded a suspected pirate whaler 89 nautical miles southeast of Mombasa, Ken ...

Lloyd's Register CEO Richard Sadler (left in picture) and ABS Chairman and CEO Robert D. Somerville (right) have signed an agreement that sees the two classification societies release jointly-developed software that will be used to assess bulk carriers and oil tankers designed to comply with IACS Common Structural Rules (CSR). The common software draws upon the technical strengths of ABS a ...

Ambassadors International, Inc. (NASDAQ: AMIE) - the parent of Windstar Cruises - and its U.S. subsidiaries on April 1voluntarily filed petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.Ambassadors said that the filings were made in accordance with an agreement to sell substantially all of its assets, including W ...

Prospector Offshore Drilling S.A. has exercised two of its three options with China's Dalian Shipbuilding Industry Offshore Co. Ltd. for the construction of two additional high specification harsh environment JU-2000E jack-up drilling rigs. These two new contracts bring the total number of new jack-up rigs Prospector Offshore will have under construction to four.Prospe ...

Ingalls Shipbuilding division of Huntington Ingalls Industries, Inc. (NYSE:HII) has been awarded its first U.S. Navy contract since Northrop Grumman spun off its shipbuilding business as Huntington Ingalls.  The award is for the construction of the tenthth San Antonio-class amphibious transport dock. The contract, worth $1.5 billion, will be used to build John P. Murtha (LPD 26 ...

Jasper Investments Limited (Jasper) has exercised its option with Singapore's Keppel FELS Limited shipyard to build a second KFELS B Class jack-up rig at US$180 million for delivery in first half 2013.The single-rig option was given to Jasper ...

Koo's Shipping Company S.A., a Taiwanese corporation, pleaded guilty in federal court to charges of making false statements, knowingly failing to fully and accurately maintain an oil record book as required by international treaty and U.S. law, and for knowingly discharging oily bilge waste into Pago Pago Harbor, American Samoa, without using proper pollution prevention equipment, repor ...

Trinity Offshore, Gulfport, Miss., has launched TC-055, a 57 ft MK II Very Shallow Draft Multi-System Skimmer (VSMSS) built for Marine Spill Response Corporation (MSRC) to meet the very exacting vessel specifications and procedural requirements for the often delicate operation of shallow skimming.Trinity's in-house engineering department was asked to design and engin ...

Alaska Ship & Drydock, Inc. and the Ketchikan Gateway Borough are preparing to christen the double-ended ferry M/V Ken Eichner 2 on Saturday. The vessel will be the borough's second ferry providing service to the Greater Ketchikan International Airport and entering service as the sister ship to the M/V Oral Freeman. Both ships were built by Alaska Ship & Dryd ...