Gulf Island Fabrication Inc. (NASDAQ: GIFI) today reported that it has sold the assets of its Shipyard Division along with certain long-term vessel construction contracts to Bollinger Shipyards LLC for approximately $28.6
Bremerton, Wash., headquartered SAFE Boats International has recently delivered the first workboat built under its license agreement with Dutch shipyard Stormer Marine BV. The boat, a 6.8-meter Porter 68S, delivered in late
As Congress starts in on its annual appropriations process, the Office of Management and Budget has released a preliminary discretionary request that signals some of what will be in the Biden administration’s
An on-again, off-again contract between Tasmanian ferry operator TT Line Company and Finnish shipbuilder Rauma Marine Constructions (RMC) is on again. Yesterday, April 14, the Prime Minister of Tasmania granted permission for
Morgan City, La., headquartered Conrad Industries Inc. (OTC Pink: CNRD) has reported its 2020 results and backlog. The company had net loss of $4.0 million and loss per diluted share of $0.80
All American Marine owner Matt Mullett has completed the private sale of the Bellingham, Wash.-based aluminum vessel specialist to family-owned Bryton Marine Group, whose member companies include Brix Marine, EagleCraft, Duckworth, KingFisher,
Positioning the company to start steel production in April 2022, Austal USA yesterday broke ground on its new steel manufacturing line. “This world-class steel manufacturing line is a treasure for the Gulf
Grand Bahama Shipyard Limited (GBSL) has recently completed major steel renewal work on StarBulk’s 93,186 gt bulk carrier, Star Janni. With a close proximity to the U.S. East Coast, as well as
Morgan City, La., headquartered Conrad Shipyard has delivered a 240- by 60- by 14-foot ABS deck barge to Muskegon, Mich., based Ashton Marine LLC. Named the AM 3600, the barge will carry
Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division reports that George Nungesser has been promoted to vice president of program management, effective April 1. Nungesser will have profit and loss responsibility for