News

An international NGO that intends to deliver humanitarian aid to Gaza by sea said on Sunday it was in talks with Malta's ...
Fast-growing energy demand is driving the need for technical support and guidance in new locations, writes Terrance Roberts, ...
The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the ...
Senator Mark Kelly (D-AZ), together with several original co-sponsors, reintroduced the SHIPS for America Act in the U.S.
The six largest shipyards in the U.S. formed the American Shipbuilding Association (ASA), a new Washington, D.C.-based industry trade association. The six yards include Avondale, Bath Iron Works ...
Hornbeck's fleet includes a variety of specialized vessels such as Platform Supply Vessels (PSVs), and Multi-Purpose Support Vessels (MPSVs), among others. The fleet is known for its modernity and ...
Whenever the negotiations for the sale of a ship become serious, one or more of the parties to the deal will try to estimate the future value of the ship, the so-called residual value. The ...
In mid-August, Stolt Comex Seaway S.A., a diversified contractor to the offshore oil and gas industry, announced the acquisition, subject to due diligence, of Australian company Drillsupport ...
National Steel and Shipbuilding Company (NASSCO) of San Diego received $436 million in contract awards from the U.S. Navy to build two additional Strategic Sealift Ships. A $265 million contract ...
IMO Performance Standards Performance Standards for ECDIS were formally adopted by the International Maritime Organization (IMO) on November 23, 1995 and issued as IMO Resolution A19/Res.
Ugland International Holdings pic (UIH), a shipowner and operator with related ship management and repair activities, announced that UIH and its ship management partner, the U.S.-based Totem ...
Trinity Industries, Inc. has acquired Platzer Shipyard, Inc. of Houston, Texas. Terms of the transaction were not disclosed. The announcement was made by John Dane III, president of the Trinity ...