Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
Sembcorp Marine’s Jurong Shipyard announced today they have successfully righted the jack-up drilling rig which tipped over on December 3rd of last year.
The operation to right the rig was completed on 14 January.
A stop-work order is still in effect however as authorities continue their investigation into the accident with injured upwards of 80 shipyard workers.
The jack-up rig which was originally scheduled for delivery in 1Q 2013 is now estimated for delivery in Q3 2013.
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