A Norwegian naval officer stands trial on Monday accused of negligence that led to the 2018 collision between a warship he commanded and an oil tanker in which the military vessel sank. Building a replacement for the lost Helge Ingstad frigate would cost up to 13 billion crowns ($1.3 billion), the armed forces estimated in a 2019 report.
Singapore-based shipbuilder Keppel has terminated three construction contracts signed years ago, citing clients' failure to pay up. The terminated contracts are related to orders made by TS Offshore, Sapura Energy, and Crystal Heights. TS Offshore, in March 2014, ordered a 500 feet water depth N Plus jack-up rig, worth about US$500 million (“TS Jasper Vessel”).
A Norwegian naval officer on Monday denied negligence leading up to the 2018 collision between a warship he commanded and an oil tanker in which the military vessel sank. Building a replacement for the lost Helge Ingstad frigate would cost up to 13 billion crowns ($1.3 billion), the armed forces estimated in a 2019 report.
Timothy Hunt has been named president and Bryant Bernhard, PE, chief technology officer of boatbuilder United States Marine, Inc. (USMI).Hunt has more than 24 years of experience in the marine industry and 12 years with USMI. “Tim has my support, and that of the USMI employees, as he assumes this important role of leadership at USMI,” said John Dane, III, USMI chairman and CEO.