Shipyards

Vancouver Shipyards completes $170 million makeover

NOVEMBER 7, 2014 — Seaspan’s Vancouver Shipyards, North Vancouver, BC, Canada, yesterday officially celebrated the completion of its two-year, $170 million shipyard modernization project ahead of schedule and under-budget. Funded entirely by

Ingalls authenticates keel of NSC 6

NOVEMBER 7, 2014 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division this week authenticated the keel of the sixth U.S. Coast Guard National Security Cutter, Munro (WMSL 755) in a ceremony at

Nerbovik now Aker Philly President and CEO

NOVEMBER 5, 2014 — Aker Philadelphia Shipyard ASA (Oslo: AKPS) today released  third quarter results (read them here) and reported that its Board of Directors has appointed Steinar Nerbovik as President and

NSC 4 sails away from Ingalls

NOVEMBER 3, 2014 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division’s fourth National Security Cutter, Hamilton (WMSL 753), sailed away from the shipyard on Saturday afternoon. The ship will be commissioned on

Ingalls Shipbuilding launches LPD 26

OCTOBER 30, 2014 —  Huntington Ingalls Industries (NYSE:HII) reports that its Ingalls Shipbuilding division has launched the company’s tenth amphibious transport dock, John P. Murtha (LPD 26). As has been done for

Red ink tide rises at Hyundai Heavy

OCTOBER 30, 3014 – The world’s largest shipbuilder, South Korea’s Hyundai Heavy Industries has reported a record quarterly operating loss of 1.93 trillion won ($1.83 billion). Though it expects to return to

Shipyard pays, whistleblowers collect

OCTOBER 29, 2014—The U.S. Department of Justice says that North Florida Shipyards, Jacksonville, FL, and its president, Matt Self, will pay $1 million to resolve allegations that they violated the False Claims