Shipyard News

Austal results “below expectations”

AUGUST 29, 2012 — Austal Limited (ASX:ASB) yesterday released full year results that included record revenue of Australian $653.0 million, up 29.7 percent, but an operating profit of only $A11 million. The

Bay Shipbuilding GM steps down

AUGUST 28, 2012 —A local media report says that Gene Caldwell has stepped down as VP and General Manager of Fincantieri Marine Group’s Bay Shipbuilding Co. Rachel Krummen, human resources manager at

Gulf Coast shipyards prepare for Isaac

AUGUST 27, 2012 — As Tropical Storm Isaac was predicted to become a hurricane, U.S. Gulf Coast state governors declared emergencies and shipyards in the likely path of the storm took emergency

Conrad Industries adds to backlog

AUGUST 21, 2012 — Morgan City, La., headquartered shipbuilder Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) has announced its second quarter and six months 2012 financial results and backlog at June 30,