• News

BIW awarded $13.5 million for LCS-2 and LCS-4 services

DECEMBER 26, 2012 — General Dynamics Bath Iron Works, Bath, Maine, has been awarded a $13,499,140 order under Basic Ordering Agreement (N00024-12-G-4330) for the accomplishment of the planning yard services in support

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Matson to acquire Reef Shipping assets

DECEMBER 26, 2012 — Matson, Inc. (NYSE: MATX) announced today that it has signed a definitive agreement to acquire the primary assets formerly owned by Reef Shipping, a South Pacific shipping company

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Nordic Yards to build two rescue and salvage vessels

DECEMBER 26, 2012 —   Germany’s Nordic Yards, with shipyards in Wismar and Warnemünde, has signed a EUR 150 million contract for the construction of two ice-breaking rescue and salvage vessels for the

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Electric Boat gets $1.8 billion for SSBN (X) work

DECEMBER 26, 2012 — General Dynamics Electric Boat Corp., Groton, Conn., is being awarded a $1,848,606,051 cost-plus-fixed-fee with special incentives contract for design work and products for the new class of ballistic

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East Coast ports dispute: More talks

DECEMBER 26, 2012  — With a contract extension set to expire December 29, the parties involved in the U.S. East Coast ports dispute have agreed to meet. On December 24, the Federal

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LNG ship orders give HHI order book a year-end boost

DECEMBER 26, 2012  — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, reports that it won an order for one 155,000 cu.m liquefied natural gas carrier worth $210 million from

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NYC to continue East River Ferry service

DECEMBER 21, 2012 — New York City Mayor Michael R. Bloomberg yesterday said that the City is seeking an operator for the long-term extension of the highly successful East River Ferry service.

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LR gives approval in principle to LNG-fueled bulker

DECEMBER 21, 2012 — Lloyd’s Register has given approval in principle (AIP) to a new “Clean Sky” bulk carrier design featuring an LNG-as-fuel system. Chinese shipbuilder COSCO, Piraeus, Greece, headquartered shipowner Golden

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Fincantieri to acquire STX OSV

DECEMBER 21, 2012 — Fincantieri has signed an agreement for the acquisition from STX Europe of 50.75 percent of Singapore-listed offshore service vessel specialist STX OSV. The terms of the agreement have

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Navy exercises tenth JHSV construction option

DECEMBER 20, 2012 — Austal USA, Mobile, Ala., is being awarded a $166,881,824 modification to previously awarded contract (N00024-08-C-2217) to exercise the construction option for Joint High Speed Vessel 10.   This