Bribed MSC official, gets five year prison term

JULY 31, 2017 — The U.S. Department of Justice reports that the former owner of a government contracting company that serviced the Military Sealift Command (MSC) has been sentenced to 60 months

Austal Philippines hands over fast cat to South Korea’s Seaspovill

JULY 28, 2017 — Austal reports that the company has made its first ever delivery to a South Korean customer with the handover of a 50 m high speed passenger ferry to

Bath Iron Works gets $11.3 million mod to DDG 51 lead yard contract

JULY 28, 2017 — Bath Iron Works, Bath, Maine, is being awarded an $11,392,918 cost-plus-award-fee modification to previously awarded contract (N00024-12-C-2313) to exercise options for DDG 51 class lead yard services. The

European Commission moves to improve seafarers’ welfare

JULY 28, 2017 — The European Commission is proposing that an agreement between the European Community Shipowners’ Associations (ECSA) and the European Transport Workers’ Federation (ETF) — in eurospeak “the social partners

Norfolk Dredging wins $50.3 million Delaware River contract

JULY 28, 2017 — Norfolk Dredging Co., Chesapeake, VA, was awarded a $50,273,355 firm-fixed-price contract for Delaware River main channel deepening, upper reach B. Bids were solicited via the Internet with three

Exmar takes delivery of world’s first FLNG barge

JULY 28, 2017 — Exmar has taken delivery of he world’s first barge-based floating natural gas liquefaction and storage, the Caribbean FLNG (CFLNG), from Chinese shipbuilder Wison Offshore & Marine. Delivery took

ABS class for both units of U.S.-built liquefied gas ATB

JULY 28, 2017 — The Harvest, an ATB barge purpose-built to transport liquefied anhydrous ammonia, recently delivered to Savage Companies by Vigor has been classed by ABS, which also classed the connecting

Losses on two Leevac leftovers push Gulf Island into red ink

JULY 28, 2017 — Losses incurred on two shipbuilding contracts inherited as part of its Leevac Shipyards acquisition pushed Gulf Island Fabrication, Inc. (NASDAQ: GIFI) into red ink for the quarter and

France to temporarily nationalize Saint-Nazaire shipyards

JULY 27, 2017 — France’s Economy and Finance minister, Bruno Le Maire, told a press conference today that France has exercised its right of first refusal with regard to the acquisition of

Horizon Shipbuilding and MJP sign sales and service agreement

JULY 27, 2017 — Columbus, OH, headquartered Marine Jet Power, Inc. (MJP) and Horizon Shipbuilding, Inc, Bayou La Batre, AL, have signed an agreement for Horizon to become MJP sales and service

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