Shipyard News

The National Shipbuilding Research Program (NSRP) says its Executive Control Board has selected 13 new research and development projects for awards totaling approximately $1.3 million. The projects will come under the umbrella of the various…
BAE Systems, Honolulu, Hawaii, is being awarded a $6,898,595 modification to previously awarded contract (N00024-06-C-4408) for the USS Port Royal (CG 73) repair availability. This repair availability modification will consist of repairs to numbers 1A…
Northrop Grumman Corporation's (NYSE:NOC) reports that the U.S. Coast Guard has awarded its shipbuilding sector a $480 million fixed-price incentive contract for construction of a fourth National Security Cutter (WMSL 753). Construction and delivery will…
Developing shipbuilding countries hoping to be "the next Korea," or "the next China," might consider the woes of troubled Vietnamese shipbuilder Vinashin -- and their impact on the rest of the Vietnamese economy. On November…
Canada's Minister of Fisheries and Oceans, Gail Shea, has announced the award of contracts for the design of four new scientific research vessels the Canadian Coast Guard. A $2.5 million contract for the design of…
Time to repaint some gantry cranes? Northrop Grumman continues its preparations for a spin off of its shipbuilding operations to its shareholders. According to an SEC filing today by New Ships, Inc., an entity set…
Bellingham, Wash., boatbuilder Aluminum Chambered Boats has ceased operations. Its 35 employees were sent home Monday. Interim president Tom Latham told local media that the recession, mounting debt and the company's inability to make a…
Tough news from Matt Mulherin, VP and GM of Northrop Grumman Shipbuilding - Newport News. Northrop Grumman Shipbuilding has cut around 380 salaried employee jobs at the shipyard. The cuts were effective Friday. All impacted…
Chinese shipbuilder Rongsheng Heavy Industries has raised $1.8 billion in an IPO. Financial wire services report that China Rongsheng Heavy Industries Group Holdings Ltd. priced its much awaited Hong Kong initial public offering at HK$8.00…
Dubai Drydocks launches jack-up Drydocks World Southeast Asia has launched the newbuild jack-up construction vessel Nora at its Graha shipyard in Batam, Indonesia.
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