J.F. Lehman’s USJ-Imeco acquires Joiner Systems, Inc.

AUGUST 8, 2014 — Private equity firm J.F. Lehman & Company reports that affiliates of its portfolio company USJ-IMECO Holding Company, LLC have acquired Montreal, Quebec, based Joiner Systems, Inc. Joiner Systems

Ingalls Gulfport delivers its last composite strucure

AUGUST 8, 2014 — In a last hurrah for its Gulfport, MS, Composite Center of Excellence, Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division has delivered the composite deckhouse for the destroyer Michael

HII gets another $25.6 million for CVN 78 work

AUGUST 6, 2014 — Huntington Ingalls Inc., Newport News, Virginia, is being awarded a $25,648,075 modification to a previously awarded contract (N00024-08-C-2110) for the detailed design and construction efforts to support the

Mermaid Marine takes delivery of AHTS from Jaya yard

AUGUST 6, 2014 — Fremantle, Western Australia, headquartered Mermaid Marine Australia  (MMA) has taken delivery of the new state-of-the-art anchor handling tug supply (AHTS) Jaya Majestic. Built at Jaya’s Tuas, Singapore, shipyard,

Sinopacific books first Mexican OSV order

AUGUST 5, 2014 — China’s Sinopacific Shipbuilding Group has signed a contract with Mexican shipping company Naviera Petrolera Integral S.A. de C.V. for the construction of three SPP17A platform supply vessels. They

P&I Club warns of dangerous defects in newbuilds

AUGUST 4, 2014—When prices are depressed, you get what you pay for—and sometimes not even that. The North P&I Club is warning its members to check their new ships very carefully before

Newport News awarded CVN 73 planning contract

AUGUST 4, 2014 — The nuclear-powered aircraft carrier USS George Washington (CVN 73) is a step nearer to its $3 billion, three year RCOH (Refueling and Complex OverHaul). Huntington Ingalls reports that

Seacor recognizes $14.7 million from Caterpillar settlement

AUGUST 1, 2014 — Back in June, Mobile, AL, headquartered law firm Cunningham Bounds, LLC reported that it had obtained a $46,000,000 settlement for its clients, Bender Shipbuilding and Repair Company, Inc.

Marcon brokers sale of 1973-built U.S.-flag tug

AUGUST 1, 2014 — Marcon International, Inc. of Coupeville, WA, has brokered the sale of the U.S. flag ocean-going twin screw tug Melvin E. Lemmerhirt to U.S. buyers on a private &

U.S. sanctions Putin’s shipbuilder and its bank

JULY 29, 2014 — Russia’s St Petersburg headquartered United Shibuilding Corporation, created by Russian President Vladimir Putin, a St Petersburg native, through a presidential decree in 2007, has been added to the

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