Volstad Shipping has announced today they have secured the required financing to execute the previously announced construction contract for a new 128-meter offshore construction and subsea IMR vessel at Tersan shipyard in Turkey. The vessel is a Skipsteknisk ST-259 design and will be built at a total contract value of approximately USD $130 million.
Volstad notes that this new DP-3 equipped vessel is designed for arctic use and includes ROV moonpools, de- icing as well as a 300 ton offshore crane and accommodations for 120.
Defense contractor Leidos (NYSE: LDOS) has announced a definitive agreement to acquire U.S.-based naval architecture firm Gibbs & Cox for $380 million in cash. The acquisition was revealed this week...
American shipping companies operating the U.S.-flag Great Lakes fleet will invest nearly $87 million at shipyards and facilities across the region this year, according to new figures released by the...
By Vera Eckert (Reuters) – Container shipping firm Hapag-Lloyd said surging demand for bulky goods like exercise equipment from locked-down consumers may flatten out in the second or early third quarter,...
February 19, 2021
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