Latest News
Inmarsat plc (LSE: ISAT.L) is acquiring Ship Equip International A.S. for a total consideration of $159.5 million. Based in Alesund, Norway, Ship Equip is a provider of VSAT maritime communications services to the shipping, offshore…
Huntington Ingalls Industries, Inc. (NYSE:HII) has begun operating as a new, independent and publicly traded company as trading of its shares commenced this morning. Huntington Ingalls Industries, America's largest military shipbuilder, was previously a business…
STX OSV Holdings Limited says that it has secured a new contract for the design and construction of a Platform Supply Vessel for an undisclosed customer. The vessel will be of STX OSV's own PSV…
Singapore-listed Otto Marine Limited says that its shipbuilding arm and wholly-owned subsidiary, Otto Offshore Limited has entered into a sales agreement to sell two 8,000 bhp AHTS to a third party at a market price…
Bergen, Norway, based Sartor Offshore has placed a NOK 300 million order for a Havyard 832 L platform supply vessel for delivery from the Havyard Leirvik shipyard in Sogn, Norway, in January 2012. The contract…
The American Salvage Association (ASA) has established an Education Committee committed to promoting general maritime industry interest with a focus on marine salvage and to help develop maritime industry expertise through interactive experience with ASA…
Norway's SiemOffshore Inc. says it is getting into the business for submarine cable installation, repair and maintenance projects. It has reached an agreement with the shareholders of Leer, Germany, based Five Ocean Services GmbH (FOS)…
Donjon Marine Co., Inc., along with partner SEACOR Holdings Inc. have announced the completion of the tugboat, Ken Boothe, Sr.  The 10,700 horsepower tug will work as the barge unit of an Articulated Tug/Barge to…
SBM Offshore has executed a Letter of Intent (LOI) with OSX 2 Leasing BV, an indirect subsidiary of OSX Brasil S.A. and part of Eike Batista's EBX Group.SBM says the LOI will permit it to…
Morgan City, La., headquartered shipbuilder Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) today announced its fourth quarter and twelve months 2010 results and the addition of $75.2 million in new business during the first quarter.…
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