AUGUST 7, 2017 —Shipping consultancy Drewry expects the capacity of the shipping fleet trading in chemical and vegetable oil markets to grow at a much faster pace than demand, weakening earning prospects.
AUGUST 1, 2017 — The French and Italian governments are working to resolve their differences over the future of shipbuilder STX France. The two sides issued a joint statement today that expressed
JULY 28, 2017 — Bath Iron Works, Bath, Maine, is being awarded an $11,392,918 cost-plus-award-fee modification to previously awarded contract (N00024-12-C-2313) to exercise options for DDG 51 class lead yard services. The
JULY 28, 2017 — The Harvest, an ATB barge purpose-built to transport liquefied anhydrous ammonia, recently delivered to Savage Companies by Vigor has been classed by ABS, which also classed the connecting
JULY 28, 2017 — Losses incurred on two shipbuilding contracts inherited as part of its Leevac Shipyards acquisition pushed Gulf Island Fabrication, Inc. (NASDAQ: GIFI) into red ink for the quarter and
JULY 27, 2017 — France’s Economy and Finance minister, Bruno Le Maire, told a press conference today that France has exercised its right of first refusal with regard to the acquisition of
JULY 26, 2017 — Classification society ABS has joined the Unmanned Cargo Ship Development Alliance. Recently launched in Shanghai, China, the group plans to have an unmanned cargo ship in the water
JULY 26, 2017 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division reports the successful completion of builder’s sea trials on the guided missile destroyer Ralph Johnson (DDG 114). The Arleigh Burke (DDG
JULY 26, 2017 — Two new 56,000 DWT handymax bulk carriers under construction at Oshima Shipbuilding Co., Ltd. in Japan are to be equipped with Wärtsilä exhaust gas cleaning systems. The ships
JULY 25, 2017 — Vroon B.V. christened its first subsea-support walk-to-work vessel in a July 20 ceremony, held at the Damen Shiprepair shipyard in Amsterdam, in which the vessel was named VOS