Is Philly Shipyard a Hanwha takeover target?
Back in July, Korean shipbuilder Hanwha Ocean was reportedly among the suitors in a rumored bid to acquire Austal. As we reported at that time, Austal said: “Austal is regularly involved in
Back in July, Korean shipbuilder Hanwha Ocean was reportedly among the suitors in a rumored bid to acquire Austal. As we reported at that time, Austal said: “Austal is regularly involved in
As steel prices hover around record high rates, barge operators are facing tough decisions. Recently, Belle Chasse, La., based C&C Marine and Repair, LLC signed a contract to re-side over 200 hopper
Covington, La., headquartered Hornbeck Offshore Services Inc. is to complete the two multi-purpose support vessels (MPSVs) that had been at the center of its recently settled lawsuit with Gulf Island Fabrication Inc.
Huntington Ingalls Industries (NYSE: HII) reports that its Ingalls Shipbuilding division successfully launched of the Navy’s third America-class amphibious assault ship Bougainville (LHA 8) from its floating dock into the Pascagoula River
Gulf Island Fabrication Inc. (NASDAQ: GIFI) said today that its subsidiary Gulf Island Shipyards LLC (GIS) has resolved its lawsuit with Hornbeck Offshore Services LLC relating to the construction of two multi-purpose
General Dynamics Electric Boat has been awarded a $967 million contract modification from the U.S. Navy for lead yard support and development and design efforts for Virginia class fast-attack submarines. The cost-plus-fixed
Theodore, Ala., based aluminum boat specialist Silver Ships has recently promoted Jason Powers to the role of chief operating officer (COO). Powers, who has been a member of the Silver Ships team
Mobile, Ala., based shipbuilder Austal USA has appointed Chris Orlowski as its vice president of engineering. In that role, he leads a team of over 350 engineers, naval architects, designers, and other
Glosten, Seattle, Wash., has announced its new tug design, a 120- by 39-foot tug with a molded depth of 23 feet. The CT-120 is a sizeable oceangoing tug made for long-distance and
Methanol as a marine fuel is now moving into the car carrier sector. The first two methanol fueled vessels ordered for the sector —two 9,300 CEU (car equivalent unit) pure car and