Japanese FPSO specialist MODEC has been awarded the contract for the delivery of an FPSO unit for Equinor's Bacalhau development.The EPCI contract award follows the final investment decision for the development of the field, announced by Equinor and its partners Tuesday. The development of the field located in the Santos Basin will cost around $8 billion.
Eastern Shipbuilding Group, Inc. (ESG) on Monday held a keel authentication ceremony for the U.S. Coast Guard’s future Offshore Patrol Cutter (OPC), USCGC Chase (WMSM-916), at its Nelson Street facility in Panama City, Fla.The 360-foot vessel is the second of the Heritage-class OPC being built by Eastern to replace the Coast Guard's 210-foot and 270-foot Medium Endurance Cutters.
Tanker operator International Seaways Inc said on Wednesday it will buy Diamond S Shipping Inc for about $416 million, as it aims to expand its crude shipping capacity and create one of the largest U.S.-listed tanker companies.Diamond S shareholders will receive $10.17 per share, or 0.
The board of Wallem Group announced that chief executive Frank Coles has resigned and will be leaving the company shortly.As many will be aware, Coles has been very active in highlighting the plight of seafarers during the COVID-19 pandemic, and he now wishes to become more involved in promoting their welfare, as well as pursuing other opportunities.
In a move that further expands its unmanned systems capabilities, Huntington Ingalls Industries acquired the autonomy business of Spatial Integrated Systems Inc. (SIS) which has proven unmanned surface vessel (USV) solutions.SIS’s unmanned systems solutions — including multi-vehicle collaborative autonomy, sensor fusion and perception — have been fielded for more than 6
Container shipping group CMA CGM said on Monday it is dealing with a cyber attack impacting its peripheral servers.The attack did not concern the systems of its subsidiary CEVA Logistics, it added in a statement.CMA CGM said external access to its IT applications was made unavailable to prevent the malware from spreading while its IT teams work to resolve the incident.
Manson Construction Co. signed a contract with Keppel AmFELS to build a new hopper dredge at the shipbuilder's facility in Brownsville, Texas, the Seattle-based marine contractor announced Monday. The new dredge is scheduled to be fully operational by spring 2023 and continues a dredge building boom currently underway in the U.S.
We recently checked in with Tracy Zea, Waterways Council Inc.’s new President & CEO, on what’s in store for the U.S. inland waterways for the remainder of 2020.To start, give us some insight on your background and how you came to lead WCI.I was born and raised in Chandler, Ariz., and attended South Dakota State University, receiving a degree in Political Science.
Marine salvors on Wednesday outlined plans to recover the Marconi wireless telegraph from inside the RMS Titanic after being cleared by a U.S. judge in May to retrieve a piece of history from the world's most famous shipwreck.Originally scheduled to embark on the mission to recover the system this summer
Eastern Shipbuilding Group, Inc. (ESG) launched the second of three new Staten Island “Ollis Class” Ferries for the City of New York Department of Transportation (NYCDOT) Staten Island Ferry Division. The Sandy Ground was launched Friday at Eastern’s Allanton facility in Panama City, Fla.
ST Engineering North America, Inc. announced Monday that Robert "Bob" L. Merchent has been named President and CEO of VT Halter Marine, Inc. He replaces outgoing President and CEO, Ron Baczkowski.Much of Merchent's career was spent at Ingalls Shipbuilding, where he advanced through multiple positions of ever-increasing responsibility, leading programs critical to both the business and the U.S.
First financial steps have been made to cement the planned succession process of Torben Østergaard-Nielsen’s global shipping group United Shipping & Trading Company (USTC), based in Middelfart, Denmark.The next generation in the family-owned business, daughters Nina Østergaard Borris and Mia Østergaard Nielsen, have become co-owners via the parent company Selfinvest.