China set to deploy giant Coast Guard vessel

DECEMBER 16, 2014 — China, which has maritime boundary disputes with just about all its neighbors and not least Japan, is set to deploy what is being trumpeted as the largest coast

French Finance Minister: Fincantieri eyes STX France

DECEMBER 16, 2014 — French Finance Minister Michel Sapin has told reporters in Rome that “there is interest on the Italian part” in taking a share of STX France. Though he didn’t

CBO analyzes Navy 2015 shipbuilding plan

DECEMBER 15, 2014 — The total costs of carrying out the Navy’s 2015 shipbuilding plan—an average of about $21 billion per year (adjusted for inflation to 2014 dollars) over the next 30

NAVSEA plays a key role in ambitious NASA program

DECEMBER 15, 2014 — When NASA’s Orion spacecraft splashed down in the Pacific Ocean December 5 it had completed a two-orbit, 4.5 hour flight test that took it farther into space than

Two Japanese shipyards order Wärtsilä BWM systems

DECEMBER 15, 2014 — Six new bulk carriers, being built at the Namura and Onomichi shipyards in Japan, are to be fitted with a total of twelve Wärtsilä Aquarius UV ballast water

West Virginia steel plant starts Bulb Flat production

DECEMBER 15, 2014 — Bulb Flats offer significant benefits in shipbuilding stiffener applications. Now, Steel of West Virginia, Inc. has started production of Bulb Flats at its Huntington, WV, steel making facility.

Canadian TSB reports on Seaway grounding

DECEMBER 15, 2014 — The Transportation Safety Board of Canada has released its investigation report (M13C0071) into the striking and subsequent grounding of the cargo ship Claude A. Desgagnes in the St.

MacGregor deck equipment for Maersk AHTS newbuilds

DECEMBER 15, 2014 — Cargotec’s MacGregor unit has received an order from Norwegian shipbuilder Kleven in Norway for six comprehensive deck handling equipment packages. They will be installed on the six  95

Criminal investigation involving Petrobras widens

DECEMBER 14, 2014—Brazil’s state-controlled Petrobras, one of the world’s largest oil companies, said it would once again delay the filing of its third quarter financial statements “in the light of new facts”

Conrad declares dividend, reports new business

DECEMBER 14, 2014 — Morgan City, LA, headquartered shipbuilder Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced Friday that its Board of Directors has declared a special cash dividend of $1.00 per

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