Whistleblower to get $1.59 million in shipyard overbilling case

AUGUST 15, 2017 — The U.S. Department of Justice reports that Huntington Ingalls Industries Inc. (NYSE: HII) has agreed to a $9.2 million settlement of allegations that it violated the False Claims

Newport News awarded $36.4 million CVN 69 contract

AUGUST 7, 2017 — Huntington Ingalls Inc., Newport News Shipbuilding Division (HII-NNS), Newport News, Virginia, is being awarded a $36,447,717 contract for maintenance and modernization onboard USS Dwight D. Eisenhower (CVN 69)

Grand Bahama Shipyard: Not just cruise lines in customer list

AUGUST 1, 2017 — In addition to all the cruise ship work for which it is well known, Grand Bahama Shipyard (GBS), the largest shipyard in the Caribbean, also carries out a

Fincantieri Bay Shipbuilding delivers second Kirby ATB

JULY 31, 2017 — Fincantieri Bay Shipbuilding (FBS) of Sturgeon Bay, WI, a subsidiary of Fincantieri Marine Group, has delivered the second of two Articulated Tug Barge (ATB) units to Houston-based Kirby

France to temporarily nationalize Saint-Nazaire shipyards

JULY 27, 2017 — France’s Economy and Finance minister, Bruno Le Maire, told a press conference today that France has exercised its right of first refusal with regard to the acquisition of

Philly Shipyard delivers another LNG-ready Jones Act tanker

JULY 27, 2017 —Philly Shipyard, Inc. yesterday delivered the American Liberty, the third of four next generation 50,000 dwt product tankers that it is building for Kinder Morgan, Inc. subsidiary American Petroleum

DDG 114 successfully completes builder’s trials

JULY 26, 2017 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division reports the successful completion of builder’s sea trials on the guided missile destroyer Ralph Johnson (DDG 114). The Arleigh Burke (DDG

BAE San Diego gets $49.8 million mod to Navy contract

JULY 25, 2017 — BAE Systems San Diego Ship Repair, San Diego, California, is being awarded a $49,817,624 modification to a previously awarded contract (N00024-12-C-4403) to definitize USS Comstock (LSD 45) fiscal

Tanker, bulker orders rise in first half

JULY 25, 2017—While the number of orders for new vessels declined in the first half of 2017 as compared with 2016, the number of bulkers and tankers order rose, according to data

Clarksons says number of active shipyards is lowest in years

JULY 24, 2017 — According to the world’s largest shipbroker, Clarksons, the number of “active” shipyards in the world has fallen to its lowest number in many years. Clarksons is talking about

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