Panama Canal shipyard back in operation
MAY 3, 2013 — The Balboa, Panama, shipyard that formerly operated as Astilleros Braswell is back in operation after two years of inactivity. In January, Panama’s Comptroller General approved a 20 year
Shipyard News
Goltens opens new Dubai Maritime City facility
MAY 3, 2013 — Goltens has celebrated the opening of its new facility in Dubai Maritime City with a formal Grand Opening. “We are delighted at the Grand Opening of the modern
Sembcorp Marine reports increased profits
MAY 3, 2013 — Singapore’s Sembcorp Marine today reported a 5 percent growth in net profit from Singapore S$113 million in 1Q 2012 to S$119 million in 1Q 2013. Group turnover for
Pemex to take 51% stake in Spanish shipyard
MAY 2, 2013 — Mexico’s national oil company, Pemex, yesterday signed a letter of intent with Spanish shipbuilder Hijos de J. Barreras (Astilleros Barreras) and its three shareholders agreeing terms for it
Austal makes changes in Australia and Spain
MAY 1, 2013 — Austal Limited (ASX:ASB) says that it is transferring service operations from its satellite service base at Henderson, Western Australia, to its nearby primary shipbuilding facility to reduce overhead
Arbitration panel finds for Algoma in shipbuilding case
APRIL 30, 2013 — Algoma Central Corporation (TSE:ALC) reported today that the London, U.K., Arbitration Tribunal hearing a shipbuilding contract dispute involving Algoma Tankers International Inc., a wholly owned subsidiary of Algoma
Japanese shipbuilding merger in works?
APRIL 23, 2013 — Japanese media report that Kawasaki Heavy Industries Ltd. and Mitsui Engineering & Shipbuilding Co. are close to starting talks on integrating their business operations. A merger would create
Damen books big Bahamas contract
APRIL 19, 2013 — The Government of the Bahamas has signed a letter of intent with Damen Shipyards Group, headquartered in Gorinchem, the Netherlands. It covers the acquisition of nine vessels for
Navy releases FY 2014 budget details
APRIL 11, 2013 — The Department of the Navy yesterday released its proposed $155.8 billion budget for fiscal year 2014. Rear Adm. Joseph Mulloy, deputy assistant secretary of the Navy for budget,
Bollinger delivers fifth FRC to Coast Guard
MARCH 25, 2013 — Bollinger Shipyards, Inc. has delivered the Margaret Norvell, the fifth Fast Response Cutter (FRC) to the United States Coast Guard. The 154 foot patrol craft Margaret Norvell is