Vigor, Oregon Iron Works ink merger deal

MAY 22, 2014—Already a major regional shipbuilding, repair and fabrication powerhouse in the Pacific Northwest, Vigor Industrial will expand its operations with the recent acquisition of Oregon Iron Works, Portland, OR. Under

BW Group goes on tanker buying binge

MAY 20, 2014 — BW Group, which has a fleet of 113 owned, part-owned or controlled vessels in the tanker, gas and offshore segments, is on a buying binge. Today it signed

Rongsheng books $1 billion bulker order

MAY 19, 2013 — China Rongsheng Heavy Industries Group Holdings Limited (01101.HK) says it has signed a shipbuilding contract for a series of 64,000 DWT bulk carriers with an undisclosed “European shipowner”

Latest HII acquisition could bring work to Avondale

MAY 16, 2015 — In a move that could help its efforts to find a new role for its Avondale subsidiary, Huntington Ingalls Industries (NYSE:HII) announced today that it has entered into

With private equity help, Odfjell exercises newbuild options

MAY 16, 2015 — Here’s another example of private equity investing in newbuilding opportunities. Norway’s Odfjell SE reports that it has entered into an agreement with affiliates of Breakwater Capital and Oak

Coast Guard detains Chinese-built bulker on maiden voyage

MAY 15, 2014 — A 40,000 dwt bulk carrier delivered April 24 by Chinese shipbuilder Tianjin Xingang Shipbuilding Heavy Industry Co was detained by the Coast Guard in Portland, OR, Tuesday. The

DNV GL carries out HAZID on methanol fueled newbuilds

MAY 14, 2014 — DNV GL has conducted a risk assessment “hazard identification study (HAZID)” on a series of three 50,000 dwt methanol-fueled tankers that are building in Japan for charter to

HII gets $12 million more for DDG 51 follow yard services

MAY 14, 2014 — Huntington Ingalls Industries has been awarded a $12,168,588 modification to previously awarded contract (N00024-12-C-2312) to exercise options for DDG 51 class follow yard services (FYS). The FYS provides

Oman Drydock targets LNG carrier repair market

MAY 13, 2014 — Oman Drydock Company (ODC) and its partner DSEC, a subsidiary of Daewoo Shipbuilding and Marine Engineering Company Ltd, will be using the upcoming Posidonia event to promote an

Huntington Ingalls reports strong first quarter

MAY 9, 2014 — Huntington Ingalls Industries (NYSE:HII) reported first quarter 2014 revenues of $1.59 billion, up 2.0 percent compared to the same period last year. First quarter diluted earnings per share

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