Within days of the launch of its newbuild 50,000 dwt semi-submersible vessel, Finesse, Rotterdam headquartered Fairstar Heavy Transport N.V. reports that sister ship Forte has departed the quayside at Guangzhou Shipyard International
Stock awards worth $7 million helped bump total compensation for C. Michael Petters, president and CEO of Huntington Ingalls Industries Inc., nearly 126 percent, from $5.7 million in 2010 to $12.9 million
General Dynamics (NYSE: GD) says that John P. Casey (Right in picture), president of General Dynamics Electric Boat, will succeed Phebe N. Novakovic as executive vice president of the corporation’s Marine Systems
General Dynamics National Steel and Shipbuilding Co., San Diego, Calif., is being awarded a $68,915,249 modification to previously awarded contract (N00024-08-C-4410) for USS Comstock (LSD 45) fiscal 2012 Extended Docking Phased Maintenance
China’s Chengxi Shipyard is to build a series of Deltamarin designed B.Delta37 bulk carriers for the China Navigation Company. The new orders (four ships,plus options for up to six more) are the
The 2012 Canadian Federal Budget calls for the investment of Canadian $5.2 billion over the next 11 years on a cash basis for the procurement of new vessels and helicopters for the
Canada’s Federal Budget for 2012, released last week provides Canadian $101 million on a cash basis to restore and modernize the Esquimalt Graving Dock. The Esquimalt Graving Dock (EGD), which was originally
Brazilian shipbuilder Estaleiro Atlântico Sul (EAS) has started the sea trials of the Suezmax tanker João Cândido. Brazilian website Portal Naval notes that the vessel, the first in a series of ten,
The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Bath Iron Works, a General Dynamics company, for alleged repeat and serious violations of workplace safety standards at its Bath,
Kvichak Marine Industries, Inc., Seattle, Wash., was recently awarded a contract by Puget Sound Energy (PSE) to design and build one 32 ft and one 38 ft Marine Transport Vessel for PSE’s