Shipyard News

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

Eastern Shipbuilding adds three more

OCTOBER 23, 2014 — Eastern Shipbuilding Group, Inc., Panama City, FL, has added three more vessels to its orderbook. In August, Suderman & Young Towing Company and Bay Houston Towing Company each