FARA acquires Todd Shipyards LLC from Vigor
Here’s a story that can may mark one of the last we run featuring a once storied name in U.S. shipbuilding: Todd Shipyards. FARA Pacific Holdings, LLC (“FARA”), a long-term liability management
Shipyard News
Hanwha Group gets U.S. clearance to up its stake in Austal
South Korea’s Hanwha Group has been eyeing an acquisition of Austal USA parent Austal (ASX ASB) for quite some time. Today, it appeared to be making some progress. Yonhap News Agency reports
Noem cancels HII order for eleventh National Security Cutter
Secretary of Homeland Security Kristi Noem said yesterday that she had successfully saved the American taxpayer over $260 million by canceling the order for the Coast Guard’s eleventh National Security Cutter. DHS
Conrad Shipyard wins $8.4M USACE deck barge contract
Conrad Shipyard LLC, Morgan City, Louisiana, has been awarded an $8,418,100 firm-fixed-price contract for procurement of a steel-hulled deck barge. Bids were solicited via the internet with two received. According to the
NAVSEA awards Bollinger $6OM Navajo-class contract mod
Bollinger Shipyards Lockport LLC, Lockport, Louisiana, has been awarded a $60,000,000 firm-fixed-price modification to a previously awarded contract (N00024-18-C-2207) for additional pre- and post-delivery requirements including industrial services, shipyard support, and extended
Vigor completes USS Tripoli CMAV ahead of schedule
Vigor Marine CM San Diego, a division of Vigor Marine Group, has successfully completed a Continuous Maintenance Availability (CMAV) on USS Tripoli (LHA 7), returning the vessel five days ahead of schedule.
St. Johns Ship Building wins its first U.S. Navy shipbuilding contract
St. Johns Ship Building in Palatka, Fla., a subsidiary of Americraft Marine, has been awarded its first U.S. Navy shipbuilding contract. It covers construction of a dive support vessel (DSV) that will
SCA announces winners of its annual shipyard safety awards
The Shipbuilders Council of America (SCA), the national trade association representing the U.S. shipbuilding, maintenance, and repair industry, has announced its annual member safety awards for the 2024 calendar year. This year,
Vancouver Drydock opens new state-of-the-art operations center
Seaspan’s Vancouver Drydock in North Vancouver, B.C,, this week celebrated the grand opening of its new 21,000 square foot operations center – a state-of-the-art, two-story facility that will support the increased capability
Hanwha Group’s big plans for Philly include LNG carriers
Korea’s Hanwha Group has big plans to increase production at the Hanwha Philly Shipyard that include building LNG carriers. Korea Economic Daily reports that Hanwha Group recently invited a group of Korean