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Ingalls expands Shipbuilder Academy program

Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division hosted a ribbon-cutting ceremony on Tuesday for its new Shipbuilder Academy site in Gulfport, Miss. The Shipbuilder Academy was established in 2016 at Ingalls’

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New risks add to pressures on container market

“The mood-music surrounding the container market has deteriorated further in the last three months,” says Drewry Shipping Consultants, which has downgraded its outlook for world container port throughput for the current year

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Finland signs corvette project construction contracts

The Finnish Defense Forces and shipbuilder Rauma Marine Constructions (RMC) have now signed a construction agreement for the Finnish Navy’s new Pohjanmaa-class corvettes. The agreement, valued at EUR 647.6 million (about $714

Bourbon: Banks make takeover offer

A company owned by a group of French banks has made a takeover offer for Bourbon Corporation. As we reported earlier, the offshore services giant sought restructuring protection from the Marseilles Commercial

Marcon brokers sale of two U.S.-flag tugs

Marcon International, Inc. of Coupeville, Wash., has recently brokered the sale of two U.S-flag tugs as the sellers,Crowley Maritime Services and Kirby Offshore Marine, continue to upgrade their fleets. Crowley Marine Services

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VIDEO: Fireboat for Kuwait is packed with innovations

A FireStorm 50’ fireboat delivered by Kingston, Ontario, headquartered MetalCraft Marine Inc. (MCM) to the Kuwait Fire Service Directorate incorporates the very latest in technology available for fire fighting and search and

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Private equity investor takes majority stake in Foreship

Finnish private equity investor Vaaka Partners has become the majority shareholder in Helsinki headquartered ship design and engineering specialist Foreship Ltd. Employing more than 100 naval architects and marine engineers, Foreship is