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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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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