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SCA member shipyards get $7 million in grants

The Shipbuilders Council of America (SCA) reports that nine of its members received more than $7 million in the latest round of awards under the U.S. Maritime Administration’s Small Shipyard Grant Program.

Biden administration to seek funding for fifth NSMV

As Congress starts in on its annual appropriations process, the Office of Management and Budget has released a preliminary discretionary request that signals some of what will be in the Biden administration’s

Philly Shipyard

Philly Shipyard starts fabrication of second NSMV

Philly Shipyard, Inc. has marked the start of fabrication for the second vessel in the series of up to five National Security Multi-Mission Vessels (NSMV) it is set to build. Fabrication began

MARAD authorizes construction of two more NSMVs

The U.S. Department of Transportation’s Maritime Administration (MARAD) today authorized the construction of two additional National Security Multi-Mission Vessels (NSMV). The two ships, funding for which was approved in the massive omnibus

Congress approves $390 million for Texas A&M NSMV

The massive spending measure just approved by Congress includes $390 million to fund construction of a fourth National Security Multi-Mission Vessel (NSMV), which will be assigned to the Texas A&M Maritime Academy

Matson takes delivery of Matsonia

Matson Inc. (NYSE: MATX) today took delivery of Matsonia, the second of two LNG-ready Kanaloa Class combination container / roll-on, roll-off ships built for the company by the General Dynamics NASSCO shipyard

GE Power Conversion systems chosen for NSMV

GE’s Power Conversion business has been awarded a $40 million contract to supply the power and propulsion systems for the first two National Security Multi-Mission Vessels (NSMVs) on order at Philly Shipyard.

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Philly Shipyard teams with BMT on Navy T-AGOS (X) studies

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

Philly Shipyard reports sudden passing of CFO

Philly Shipyard, Inc., the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), has announced the unexpected death of Chief Financial Officer, Brian Leathers, age 60. Leathers joined Philly Shipyard in early

Wabtec wins order for NSMV main engines

Wabtec Corporation (NYSE: WAB) has been awarded a MARAD contract worth more than $10 million to supply the 16V250MDC EPA Tier 4, IMO Tier III main diesel sets for the first two

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