BAE Systems awarded Hawaii MSMO

APRIL 28, 2014 — BAE Systems has received a multi-ship, multi-option (MSMO) contract from the U.S. Navy to repair, maintain, and modernize nine destroyers and cruisers, either homeported in or visiting Pearl

MAC orders four OSVs at Fujian Mawei Shipbuilding

APRIL 28, 2014 — Dubai headquartered MAC (Marine Assets Corporation) reports that it has recently signed four newbuild OSV contracts with China’s Fujian Mawei Shipbuilding. Earlier deliveries from Fujian Mawei to MAC

Korean prime minister resigns over ferry disaster

APRIL 27, 2014—Saying that the “government took inadequate measures and disappointed the public,” South Korea Prime Minister Chung Hong-won announced his resignation on national television in the wake of the ferry capsizing

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Putin: Crimean shipyards “very good potential”

APRIL 25, 2014 — Russia’s Ministry of Industry and Trade is developing a program to place construction orders at Crimean shipyards. According to a Ministry press release, these could include building tankers