Shipyards

Damen signs MOU with Australian shipyard

JUNE 30, 2016 — Damen Shipyards Group and Rozelle, NSW, Australia, based Sydney City Marine have signed a Memorandum of Understanding (MOU) outlining the future cooperation of the two companies on the

Austal halts trading in its shares

JUNE 30, 2016 —  According to an Australian Securities Exchange  (ASX) announcement, the securities of Austal Limited have been placed in Trading Halt Session State at the request of the company, pending

Swiftships awarded $15 million FMS contract

JUNE 28, 2016 — Swiftships LLC, Morgan City, LA, is being awarded a $15,000,000 firm-fixed-price contract for 28-m coastal patrol craft production material kits, 4.7-meter rigid inflatable boats, forward looking infrared system,