Latest News
Reports on the Deepwater Horizon disaster continue to appear. Now Transocean Ltd. (NYSE: RIG) (SIX: RIGN), the owner and operator of the Deepwater Horizon, has release an internal investigation report on the causes of the…
STX France SA, a 66.66 percent owned subsidiary of STX Europe AS, has rescinded the contract with GNMTC (General National Maritime Transport Company) - the state owned Libyan shipping company - for the construction of…
Norway's Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, reached an agreement with STX OSV AS to build two Anchor Handling / Offshore Service vessels (AHTS) of the type UT 731…
"The deadliness of distraction" was at the heart of a collision last year between a "duck" tourboat and a sludge barge, according to an investigation conducted by the U.S. National Transportation Safety Board. The accident…
EBI Mechanical Systems, LLC, Houma, La., is partnering with Bosch Rexroth's Hägglunds Drives to develop a 430 kip jacking drive, announces Elevating Boat LLC President and CEO Ken Serigne. The drive will power jacking machinery…
The U.S. Maritime Administration is seeking bids for the two former Hawaii Superferries Alaka accoi and Huakai. The two Austal USA built high speed catamaran ferries are being offered "as is, where is"and bids close…
VT Halter Marine is planning to expand its Pascagoula shipyard, adding a floating dry dock. It has started the process rolling by applying for a coastal wetlands permit. PUBLIC NOTICE OF APPLICATION FOR COASTAL WETLANDS…
The United Seamen's Service  2011 Admiral of the Ocean Sea Awards (AOTOS) will be presented to James L. Henry, Chairman and President of the Transportation Institute; General Duncan J. McNabb, Commander, U.S. Transportation Command; and…
Revenue yield increases were "more than offset" by higher fuel prices said Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) Chairman and CEO Micky Arison as the cruise giant reported net income of $206 million,…
Denmark's Semco Maritime A/S is carrying out two contracts for Transocean in Tromsø and Bergen, Norway. One of the contracts involves the GVA-4000 design semi-submersible drilling unit Transocean Winner, a large rig that can operate…
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