Shipbuilder Huntington Ingalls Industries, Inc. (NYSE:HII) reports that Chad N. Boudreaux has joined the company as corporate vice president for litigation, investigations and compliance. He will report to Bruce N. Hawthorne, corporate
According to Canadian media reports, a Quebec Superior Court judge has approved a sale of the assets of Levis, Quebec, shipbuilder Davie Yards to Ontario’s Upper Lakes Group for about $28 million.
Lévis, Québec, shipbuilder Davie Yards said yesterday that discussions that would have seen it acquired by Fincantieri are over. “The interested parties have concluded that it is not possible to reach an
STX Europe Holding AS, a wholly owned subsidiary of STX Europe AS, has agreed to sell part of its equity interests in STX OSV Holdings Limited (STX OSV) to investment funds affiliated
Scorpio Tankers Inc. (NYSE: STNG) has signed contracts with South Korean shipbuilder Hyundai Mipo Dockyard Co. Ltd. to construct five 52,000 DWT product tankers for approximately $37.4 million each. These vessels will
Austal Limited (ASX:ASB) says it has reviewed its internal forecast for the full year ended June 30, 2011. It now expects net profits after tax to be in the range of A$20
Québec shipbuilder Davie Yards announced today that it has entered into an exclusivity agreement with Fincantieri and DRS Technologies Canada (“DRS”), a Finmeccanica company, to negotiate the potential acquisition of the shipyard