Containership size record set to be broken again

Ocean Network Express Pte. Ltd. (ONE) has signed a Letter of Intent (LOI) for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS). Each with with a capacity greater

GTT to appeal Korea Fair Trade Commission fine

Paris, France, headquartered LNG containment specialist GTT (Gaztransport & Technigaz) says it will appeal a fine of approximately $11.4 million imposed on it by the Korea Fair Trade Commission (KFTC). KFTC’s decision

BIW and union negotiators reach agreement on terms to end strike

General Dynamics announced today that the negotiating teams from Bath Iron Works and the International Association of Machinists and Aerospace Workers (IAM) Local S6 reached agreement Friday night on mutually acceptable terms

Navy awards contract mods worth $194 million to address DDG-51 supply chain fragility

Bath Iron Works, Bath, Me., and Huntington Ingalls Industries’ Ingalls Shipbuilding, Pascagoula, Miss., have been awarded contract modifications together worth a total $194 million to fund capital expenditure projects for shipbuilder and

Five European countries cut cruise lines a break on export credit payments

The German Federal Ministry for Economic Affairs said today that Germany, along with four other European countries, is allowing cruise lines to temporarily suspend the repayment of export credits. the move is

VIDEO: John F. Kennedy (CVN 79) christened in NNS ceremony

The U.S. Navy’s newest nuclear-powered aircraft carrier was christened John F. Kennedy (CVN 79) in a December 8 ceremony at Huntington Ingalls Industries Newport News Shipbuilding division. Former U.S. ambassador Caroline Kennedy,

Fincantieri Marinette and Vigor deliver first vessels in Bahrain RB-M contract

Shipbuilders Fincantieri Marinette Marine (FMM) and Vigor (Team RB-M) report the delivery of the first three on a six vessel RB-M (Response Boat-Medium) contract to the U.S. Coast Guard. The boats are

NASSCO awarded ESB contract worth potential $1.6 billion

General Dynamics National Steel and Shipbuilding Co., San Diego, Calif., has been awarded a contract by the U.S. Navy worth up to $1.6 billion for the construction of the sixth and seventh

Marinette and Vigor deliver two more RB-Ms to Jordan

Shipbuilders Fincantieri Marinette Marine and Vigor (Team RB-M) have delivered two additional Response Boat-Mediums (RB-Ms) to the U.S. Coast Guard. These boats are part of an approved foreign military sale to Jordan

SCA honors DeFazio with Maritime Leadership Award

The Shipbuilders Council of America has honored Peter DeFazio (R-Ore.), Chairman of the House Transportation & Infrastructure Committee, as a 2019 recipient of its Maritime Leadership Award, recognizing him as “an exemplary

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