MAY 7, 2013 — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading industrial robot manufacturer, has developed mini welding robots for building ships. The welding machine measures
MAY 7, 2013 — Huntington Ingalls Industries (NYSE:HII) reports that the newest Virginia-class submarine, Minnesota (SSN 783), has successfully completed alpha sea trials today. Alpha trials are the boat’s first round of
MAY 6, 2013 — GE’s Power Conversion business (NYSE: GE) has increased its offshore systems portfolio with Inovelis, a podded thruster aimed at the platform supply vessel market that uses pump jet
MAY 3, 2013 — Harvey Gulf International Marine CEO Shane Guidry today announced the execution of three agreements for vessels totaling $540 million, taking the company’s total capital expenditures since August 2008
MAY 1, 2013 — The U.S. Coast Guard has awarded a fixed‐price incentive firm target contract valued at approximately $487.1 million to Huntington Ingalls Industries for the production of the sixth National
MAY 1, 2013 — Austal Limited (ASX:ASB) says that it is transferring service operations from its satellite service base at Henderson, Western Australia, to its nearby primary shipbuilding facility to reduce overhead
APRIL 30, 2013 — Algoma Central Corporation (TSE:ALC) reported today that the London, U.K., Arbitration Tribunal hearing a shipbuilding contract dispute involving Algoma Tankers International Inc., a wholly owned subsidiary of Algoma
APRIL 30, 2013 — Norway’s Siem Offshore has entered into a shipbuilding contract with Remontowa Shipbuilding S.A., Poland. It covers the construction of a dynamically positioned cable lay vessel (“CLV”) scheduled for
APRIL 23, 2013 — Japanese media report that Kawasaki Heavy Industries Ltd. and Mitsui Engineering & Shipbuilding Co. are close to starting talks on integrating their business operations. A merger would create
APRIL 23, 2013 — Vard reports that it has entered into a Letter of Intent with Stavanger, Norway, based Simon Møkster Shipping for the design and construction of a platform supply vessel