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CBO analyzes Navy 2015 shipbuilding plan

DECEMBER 15, 2014 — The total costs of carrying out the Navy’s 2015 shipbuilding plan—an average of about $21 billion per year (adjusted for inflation to 2014 dollars) over the next 30

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West Virginia steel plant starts Bulb Flat production

DECEMBER 15, 2014 — Bulb Flats offer significant benefits in shipbuilding stiffener applications. Now, Steel of West Virginia, Inc. has started production of Bulb Flats at its Huntington, WV, steel making facility.

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Canadian TSB reports on Seaway grounding

DECEMBER 15, 2014 — The Transportation Safety Board of Canada has released its investigation report (M13C0071) into the striking and subsequent grounding of the cargo ship Claude A. Desgagnes in the St.

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MacGregor deck equipment for Maersk AHTS newbuilds

DECEMBER 15, 2014 — Cargotec’s MacGregor unit has received an order from Norwegian shipbuilder Kleven in Norway for six comprehensive deck handling equipment packages. They will be installed on the six  95

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Criminal investigation involving Petrobras widens

DECEMBER 14, 2014—Brazil’s state-controlled Petrobras, one of the world’s largest oil companies, said it would once again delay the filing of its third quarter financial statements “in the light of new facts”

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Conrad declares dividend, reports new business

DECEMBER 14, 2014 — Morgan City, LA, headquartered shipbuilder Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced Friday that its Board of Directors has declared a special cash dividend of $1.00 per

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BAE San Francisco gets $15.2 million T-AKE 9 award

DECEMBER 14, 2014 — BAE Systems San Francisco Ship Repair, San Francisco, CA, is being awarded a $15,232,513 firm-fixed-price contract for a 60-calendar day shipyard availability for the regular overhaul and drydocking