Hyundai Heavy reports more red ink
FEBRUARY 12, 2015 — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, reported a whopping net loss of KRW 2.21 trillion ($2 billion) for its 2014 financial year, as against
FEBRUARY 12, 2015 — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, reported a whopping net loss of KRW 2.21 trillion ($2 billion) for its 2014 financial year, as against
FEBRUARY 11, 2015 — Construction of the first four of nine Voith Water Tractor (VWT) tugs has started at Mexico’s Astimar 20 shipyard with a keel laying ceremony that was attended by
FEBRUARY 10, 2015 — The Lockheed Martin-led industry team officially laid the keel for the U.S. Navy’s thirteenth Littoral Combat Ship (LCS), the future USS Wichita, in a ceremony held yesterday at
FEBRUARY 6, 2015 — BAE Systems Hawaii, Honolulu, Hawaii, has been awarded a not-to-exceed $52,103,717 undefinitized contract action to previously awarded contract (N00024-14-C-4412) for repair and alteration of USS O’Kane (DDG 77).
FEBRUARY 4, 2015 — Aker Philadelphia Shipyard, Inc. reports that a new four year collective bargaining agreement has been ratified by the Philadelphia Metal Trades Council (PMTC). The PMTC is the exclusive
FEBRUARY 2, 2015 — Though much of the Obama Administration’s $4 trillion FY 2016 budget request to Congress may be dead on arrival, that’s not necessarily the case with the Navy shipbuilding
FEBRUARY 2, 2015 — Spanish shipbuilder Astilleros Gondan has been awarded the newbuilding contract for the three LNG fueled escort tugs that Norway’s Østensjø Rederi is building for operation at Statoil’s Melkøya
JANUARY 30, 2015 — BAE Systems Norfolk Ship Repair, Norfolk, VA, is being awarded a $6,976,389 firm-fixed-price contract for 43-calendar day shipyard availability for the Mid Term Availability of USNS Leroy Grumman
JANUARY 30, 2015 — Lockheed Martin Canada yesterday granted its first supplier excellence award. It went to Seaspan’s Victoria Shipyards, Victoria, B.C., for its outstanding work and contribution to the Royal Canadian
JANUARY 29, 2015 — Japan’s Imabari Shipbuilding Co., Ltd. said today that it has secured orders for eleven 20,000 TEU containerships. They will measure about 400 m x 59 m and will