Russian yard lays keel for river cruise ship

MARCH 29, 2017 — Russia’s Krasnoye Sormovo shipyard (a United Shipbuilding Corporation, USC, yard located on the Volga River) has laid the keel of the Project PV300 river cruise ship ordered in

Nigerian offshore fields to get two new Guardians

MARCH 17, 2017 — Nigeria’s Homeland Integrated Offshore Services Limited has ordered what will be its third Damen FCS 3307 patrol vessel with an option for a fourth. The two latest vessels

HII to kick off advance fabrication for CVN 80

FEBRUARY 1, 2017 — Huntington Ingalls Industries (NYSE:HII) reports that it has been awarded a $25.5 million modification to an existing advance planning contract in support of advance fabrication of the aircraft

Drewry: Chemical tanker oversupply to continue

FEBRUARY 1, 2017 — Chemical shipping vessel supply on major routes has been in surplus with many newbuilding deliveries from shipbuilders and swing tankers flooding the market. As a result, freight rates

Russian yard to build new generation river cruise vessel

JANUARY 26, 2017 — Russia’s Krasnoye Sormovo shipyard (part of United Shipbuilding Corporation), Goznak-Leasing and river cruise specialist Vodohod have signed a three-party contract for construction and a Project PV300 cruise liner.

Stackley now acting Secretary of the Navy

JANUARY 21, 2017 — Sean J. Stackley assumed the responsibilities of acting secretary of the Navy at noon yesterday. Stackley is a more than familiar figure to shipbuilders, having served as the

South Korea set for world shipbuilding third place

JANUARY 5, 2017 — For the first time in 17 years, Japan’s shipbuilders have ended the year with a larger order backlog than their South Korean competitors, reports the Yonhap news agency.

CBO takes a hard look at Navy shipbuilding plan

JANUARY 4, 2017 — Shipbuilders and the Navy are hopeful that the incoming Trump administration will make good on a campaign commitment to a 350 ship Navy. However, the non-partisan Congressional Budget

VIDEO: It’s Korea’s turn for tears as shipyard crane is sold

DECEMBER 30, 2016 — In a symbol of the tough times facing Korean shipbuilders, a 700 ton gantry crane at Sungdong Heavy Industries’ Masan shipyard has been sold at scrap value to

New Force Structure Assessment calls for 355 ship Navy

DECEMBER 17, 2016 — During his election campaign, President-elect Donald J. Trump said his vision was to “rebuild the U.S. Navy toward a goal of 350 ships, as the bipartisan National Defense

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