Gulf Island Fabrication reports improved results
AUGUST 9, 2018 — Gulf Island Fabrication, Inc. (NASDAQ:GIFI) today reported net income of $0.5 million ($0.04 per share) on revenue of $54.0 million for the three months ended June 30, 2018,
Shipbuilding
GD BIW awarded $33.6 million mod to LCS support contract
AUGUST 8, 2018 – General Dynamics, Bath Iron Works, Bath, ME, is being awarded a $33,592,059 modification to a previously awarded Navy contract to exercise Option Year Four for the accomplishment of
Dario Deste to take helm at Fincantieri Marine Group
AUGUST 6, 2018 —Dario Deste is to succeed Francesco Valente as President and Chief Executive officer of Fincantieri Marine Group, the U.S subsidiary of Fincantieri that operates three Great Lakes shipyards: Fincantieri
Two Austal vessels complete U.S. Navy acceptance trials
AUGUST 5, 2018 — Two vessel’s built at Austal USA’s Mobile, AL, shipyard have completed Navy acceptance trials within days of each other. On August 3, NAVSEA reported that the Navy’s 10th
Vigor faces $370,358 in OSHA penalties
AUGUST 3, 2018 — The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Vigor Marine Inc. for 16 willful and serious violations following an inspection at the shipbuilder’s
Ingalls awarded $165.5 million for LPD 30 advance procurement
AUGUST 3, 2018 — Huntington Ingalls Industries (NYSE:HII) reports that its Ingalls Shipbuilding division has received a $165.5 million U.S. Navy advance procurement contract to provide long lead time material and advance
NAVSEA awards five companies FFG (X) concept design contract mods
JULY 30, 2018 — The U.S. Navy’s Naval Sea Systems Command (NAVSEA) is exercising contract options for additional Guided Missile Frigate (FFG(X)) conceptual design efforts with each of the five companies awarded
Ronald Baczowski named VT Halter Marine President and CEO
JULY 30, 2018 — Shipbuilder VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. today announced that Ronald Baczkowski has been appointed as President and CEO with immediate effect. “Ron
VIDEO: Damen Harlingen completes work on Fugro survey vessel
JULY 27, 2018 — Damen Shiprepair’s Harlingen, Netherlands, shipyard has completed maintenance and repair works on the Fugro Mercator, a twin-hulled survey vessel operated by Fugro. Fugro Mercator is a 42.35-m survey
MARAD awards $20 million in Small Shipyard Grants
JULY 24, 2018 — The U.S. Department of Transportation’s Maritime Administration (MARAD) today awarded more than $20 million in grants to support capital improvements at 29 U.S. small shipyards as a part