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 U.S. Coast Guard has exercised a contract option, worth just over $222 million, for production of four more Sentinel-class fast response cutters (FRCs) and associated deliverables with Bollinger Shipyards of Lockport,
Philly Shipyard Inc., the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), is to participate in the U.S. Navy’s Auxiliary General Ocean Surveillance (T-AGOS(X)) industry studies under an award made to
Face masks and social distancing were much in evidence when the Coast Guard and Eastern Shipbuilding Group (ESG) authenticated the keel for the first Offshore Patrol Cutter (OPC), Argus, at a ceremony
The U.S. Coast Guard modified its contract with Eastern Shipbuilding Group (ESG) April 2 to begin construction of the second Offshore Patrol Cutter (OPC) and to acquire long lead-time material (LLTM) for
Following the Department of Homeland Security decision to make changes in its Offshore Patrol Cutter contract with Eastern Shipbuilding, the U.S. Coast Guard has released a request for information (RFI) to gauge
The Department of Homeland Security is easing the time deadlines in Eastern Shipbuilding’s Offshore Patrol Cutter contract, but only on the first four hulls. After that, it says, “The Coast Guard will
NOVEMBER 2, 2018 — Eastern Shipbuilding Group, Inc. reports that it has resumed operations at both of its two main shipbuilding facilities just two weeks after Hurricane Michael devastated Panama City, Florida,
SEPTEMBER 28, 2018 — The U.S. Coast Guard today exercised contract options with Eastern Shipbuilding Group to begin construction of the lead offshore patrol cutter (OPC), Argus, and to acquire long lead-time
SEPTEMBER 24, 2018 — Sandnes, Norway, headquartered (BWTS) specialist Optimarin has booked one of its biggest orders to date. It is to supply 36 systems to Cork, Ireland, headquartered Ardmore Shipping. The
