Sembcorp Marine reports increased profits
MAY 3, 2013 — Singapore’s Sembcorp Marine today reported a 5 percent growth in net profit from Singapore S$113 million in 1Q 2012 to S$119 million in 1Q 2013. Group turnover for
ship repair
BAE Norfolk wins $49.4 million Navy contract
APRIL 30, 2013 — BAE Systems Norfolk Ship Repair, Norfolk, Va., is being awarded a $49,435,634 firm-fixed-price contract for the fiscal 2013, USS Porter (DDG 78) extended dry-docking selected restricted availability. The
Carnival Triumph blown from moorings at repair yard
APRIL 4, 2012 — More problems for the the Carnival Triumph. The 101,509 GT, 893 ft cruise ship yesterday broke its moorings at BAE Ship Repair, Mobile, AL, as it was hit
Otto Marine shipyard books first newbuilds in two years
MARCH 11, 2013 — “We are now in a much better position to revitalize and grow our shipbuilding segment,” says Michael See, CFO of Singapore headquartered Otto Marine, which today reported that
Sembcorp Marine reports higher turnover, lower profit
FEBRUARY 21, 2013 — Singapore’s Sembcorp Marine recorded a full year net profit of Singapore $538 million in 2012. Earnings per share for the Group were 25.8 cents, while return on equity
Ship repairers brace for Navy contract cancelations
FEBRUARY 15, 2013 — Shipyard workers are going to be among the first to feel the impact of Congressional failure to deal with budget issues. Yards specializing in Navy work were expecting
AMSEC employee wins ship repair safety award
FEBRUARY 15, 2013 — Casey Tarnowski, an employee of Huntington Ingalls’ AMSEC LLC subsidiary, has won the annual Safety Suggestion Award contest hosted by the Virginia Ship Repair Association (VSRA). Mr. Tarnowski
Damen acquires Dutch ship repairer Shipdock
FEBRUARY 8, 2013 — Damen Shipyards Group is the new owner of Dutch ship repairer Shipdock. With roots dating back to 1877, Shipdock operates shipyards in Amsterdam and Harlingen. Shipdock Harlingen services
Safety milestone for Signal Ship Repair
JANUARY 31, 2013—Signal Ship Repair, Mobile, AL, a division of Signal International, Inc., achieved a significant safety milestone—1,000 days without a lost time injury—on January 30. “Safety is the number one priority
Vigor orders giant floating dry dock for Portland
JANUARY 14, 2013 — Vigor Industrial has reached an agreement with Daoda Marine Heavy Industry Company (DDHI) to purchase a new floating dry dock for $40 million. At 960 feet long, with