BIW gets $662.9 million contract mod for DDG 116

Bath, Maine, shipbuilder General Dynamics Bath Iron Works is being awarded a $662,927,172 modification to previously awarded contract (N00024-11-C-2305) to exercise options for DDG 116 construction and associated engineering change proposals and

Freddie splashes out at Samsung

Two companies controlled by John Fredriksen are splashing out with newbuilding orders at Korean shipbuilder Samsung Heavy Industries Co. Ltd. Golar LNG Limited has entered into firm contracts with Samsung for a

Austal reports loss-making half year

Low activity levels at its Henderson, Western Australia, shipyard pushed Austal Limited into a first half operating loss of Australian $ 6.3 million. That compared with a A$19.4 million profit for the