Huntington Ingalls Industries, Pascagoula, Miss., is being awarded a $10,999,993 modification to previously awarded Navy contract (N00024-06-C-2304) for research, development, test, and technical services for the DDG 1000 Zumwalt-class destroyer. Technical services
Morgan City, La., headquartered Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) yesterday announced its second quarter and six months 2011 financial results. For the quarter ended June 30, 2011, Conrad achieved net
The U.S. Coast Guard reports that its third National Security Cutter, Stratton, successfully completed rigorous acceptance trials Friday to ensure the cutter meets its contractual requirements and is ready for delivery to
Houston headquartered National Oilwell Varco, Inc. (NYSE: NOV) reports that it has signed contracts to supply drilling equipment packages for seven drillships to Brazilian shipbuilder Estaleiro Atlântico Sul (“EAS”), including drilling riser
U.S. Transportation Secretary Ray LaHood today announced $9.98 million in grants to 13 small shipyards under the U.S Maritime Administration’s (MARAD) Small Shipyard Grants Program “These grants will help improve our ability
The seismic ship on order for Sanco Shipping AS at Kleven Maritime’s Myklebust shipyard in southern Norway (see earlier story) is to be powered by four MAN 8L32/40 engines. Designed by Skipsteknisk
India’s Pipavav Shipyard Ltd. has formally changed its name to Pipavav Defence and Offshore Engineering Company Ltd. The board has also taken a decision to convert the existing wet basin at the
Great Lakes bulk carrier operator Rand Logistics, Inc. (Nasdaq:RLOG) today reported results for its FY 2012 first quarter ended June 30, 2011. Marine freight revenue (excluding fuel and other surcharges, and outside
Offshore drilling giant Transocean has made an all-cash offer to acquire Aker Drilling ASA. It has already received commitments for 60 percent of the listed shares. Aker Drilling operates two harsh environment,
Robert Raymond Ruks, 34, of Portsmouth, Va., was sentenced today to 37 months in prison, followed by a term of three years supervised release, for making false statements to Navy officials and