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Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung shipyard in South Korea. Total project price is estimated  at $600 million (including project management, drilling and handling tools,…
Marinette Marine Corporation announced that, as prime contractor and program manager, it has been awarded an additional 10 Reponse Boat-Mediums (RB-Ms), and other Program management work, by the U.S. Coast Guard. With an approximate value…
In an 8K filed yesterday, offshore drilling contractor Hercules Offshore, Inc. reports that on April 4, 2011, it received a subpoena issued by the Securities and Exchange Commission  "requesting the delivery of certain documents to…
The latest vessel to be hijacked by pirates is  the 3,642 gt general cargo ship MV SUSAN K, managed by  Nimmrich & Prahm Bereederung of Leer, Ostfriesland. EU Navfor says it was pirated in the…
STX OSV Holdings Limited reports that it has secured new contracts for the design and construction of a series of three Multi Role Vessels (MRV) for DOF ASA. Delivery is scheduled for the second half…
Fishermen's Energy reports that the New Jersey Department of Environmental Protection ("NJ DEP") has issued the major environmental permits to build its demonstration-scale six turbine Fishermen's Atlantic City Windfarm to be located in New Jersey…
According to an SEC filing, Horizon Lines, it and two other Jones Act carriers (Sea Star Line LLC and Crowley Liner Services, Inc.) have reached a $5.3 million settlement agreement with the Commonwealth of Puerto…
There could be some consolidation ahead in the Arabian Gulf rig building, repair and fabrication business. Lamprell plc issued a stock exchange announcement today that confirmed that it has entered into a letter of understanding…
During the early morning of  April 6, the Finnish Navy minelayer FNS POHJANMAA identified a suspected Pirate Action Group (PAG) consisting of a dhow and 2 attack skiffs approximately 250 NM South East of Salalah,…
Kjell Inge Røkke's Aker Solutions is dusting off the time honored Kværner name. Back in 2008, what was then Aker Kværner was rebranded as Aker Solutions in a move said to "represent a simplification and…
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