South Korea’s Ministry of Knowledge Economy has released its trade figures for 2011. Korea’s exports increased 19.6 percent year on year to a record $557.8 billion and imports gained 23.3 percent to
The Brazilian Navy has signed a contract worth £133 million with BAE Systems for the supply of three Ocean Patrol Vessels and ancillary support services. The contract also contains a manufacturing licence
Xinhua reports that the Chinese shipbuilding industry suffered sharp declines in new orders in 2011,citing data from released Monday by China’s National Development and Reform Commission (NDRC. New shipbuilding orders from January
Bollinger Shipyards, Lockport, LA, recently released video of the sea trials of the USCGC Bernard C. Webber, the first of the U.S. Coast Guard’s Sentinel Class Fast Response Cutters. What’s particularly interesting
Eastern Shipbuilding Group, Inc., Panama City, FL, recently delivered the 292 ft long Harvey Supporter, the first of three “Tiger Shark Class” Offshore Support Vessels for Harvey Gulf International Marine, LLC, New
The U.S. Justice Department has reached a settlement with BAE Systems Ship Repair Inc. to settle allegations that its subsidiary, BAE Systems Southeast Shipyards Alabama LLC, engaged in a pattern or practice
Heavy lift operator Jumbo Shipping has exercised an option for the construction of a second heavy lift vessel at Croatian shipbuilder Brodosplit. The ship will be a sister ship to the vessel
Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) is to provide technological support for the construction of commercial vessels to L&T Shipbuilding Limited (LTSB), the shipbuilding arm of India’s Larsen & Toubro Limited. MHI
STX Europe must have been nice, not naughty, this year. It greets the holiday season with announcements of significant new shipbuilding orders for both STX Finland Oy and STX France. At STX
The Navy’s Naval Sea Systems Command (Navsea) has awarded contract modifications for the Literal Combat Ship program to both Lockheed Martin Corp.and Austal USA. Lockheed Martin Corp., Baltimore, Md., is being awarded
