Huntington Ingalls Industries (NYSE:HII) reports that its Ingalls Shipbuilding division has received a contract modification from the U.S. Navy worth $107 million to provide long-lead-time material and advance procurement activities for amphibious
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
The Alfa Laval Test & Training Center in Aalborg, Denmark, is constructing an innovative fuel cell system that will be used to test high-temperature proton exchange membrane (HTPEM) technology developed by methanol
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
Trafigura Group Pte Ltd., one of the world’s leading independent commodity trading companies, is continuing its investment in renewable energy technologies by co-sponsoring the development of MAN Energy Solutions ammonia-fueled engine for
Crowley Shipping and Shell Trading (US) Company (“STUSCO”) recently began using a low carbon biofuel to power the Crowley tugboat Veteran, a ship assist and escort tug serving the Bay of San
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
Reserve, La., based DSC Dredge has made design improvements to its best selling Marlin Class dredge. The Marlin Class underwater pump mining dredge is designed to meet the needs of deep mining
Fort Lauderdale, Fla., headquartered Motor Services Hugo Stamp Inc. (MSHS Group) has added Highmark Marine Fabrication, LLC, in Kodiak, Alaska, to its dealer network. Highmark sells FPT, Baudouin, and Alamarin-Jet brands, for