Hungry Chinese yards turn focus from bulkers to OSVs

OCTOBER 8, 2012 — With orders for large bulk carriers and the like few and far between, hungry Chinese shipyards are turning their attention to what once might have seemed safe niche

Austal acquires engineering service provider

OCTOBER 5, 2012 — Austal has entered into agreements to substantially expand its capability in Darwin, Australia through the acquisition of Hydraulink NT and its associated business KM Engineering (“HKME”). In picture:

LPD 23 completes successful builder’s sea trials

May 22, 2012 — Huntington Ingalls Industries (NYSE:HII) reports that its seventh amphibious transport dock, Anchorage (LPD 23), returned Friday from successful builder’s sea trials in the Gulf of Mexico. The ship

Dakota Creek AGOR newbuilds to have Siemens diesel electric systems

Siemens Industry, Inc. (NYSE: SI) reports that it has been awarded a contract to supply the two U.S. Navy Auxiliary General Oceanographic Research (AGOR) vessels to be built at shipbuilder Dakota Creek

Top execs at Huntington Ingalls get compensation boost

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

Navy funds construction of four more FY 2012 littoral combat ships

The Navy reports that it has issued contract modifications to Lockheed Martin Corporation and Austal USA under their respective littoral combat ship (LCS) block buy contracts to add funding for construction of

Huakai and Alakai transferred to Navy for $35 million

The Navy has just gotten $210 million worth of high speed cats for $35 million. The U.S. Maritime Administration reports that it has now transferred the former Hawaii super ferries Huakai and

Navy takes delivery of T-AGM 25

The U.S. Navy accepted the delivery of missile range instrumentation ship USNS Howard O. Lorenzen (T-AGM 25) Jan. 10. Constructed by VT Halter Marine in Pascagoula, Miss., T-AGM 25 will be the

FSG books ConRo ferry order from Canadian customer

Germany’s Flensburger Schiffbau Gesellschaft (FSG) reports that it has received an order from a Canadian customer for what, says the shipbuilder, will be one of the world’s most environmentally friendly and innovative

Bahrain EDB and Rodriquez sign MOU

The Bahrain Economic Development Board (EDB) has signed a Memorandum of Understanding (MoU) with Italian shipbuilder Rodriquez Cantieri Navali to establish a manufacturing facility in Bahrain. Rodriquez specializes in the construction of

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