JUNE 9, 2016 — Yesterday, Singapore listed offshore services provider Otto Marine said that it had received an acquisition offer for its shares and would seek a voluntary delisting. Today, the news
JUNE 9, 2016 — Atlantic Navigation Holdings (Singapore) Limited has signed shipbuilding agreements with an undisclosed shipyard in China covering construction of five Maintenance/Work/Utility vessels and two Anchor-Handling Tug, Supply and Safety
JUNE 9, 2016 — Following a ministerial meeting chaired by Deputy Prime Minister Hwang Woo-yea, the government of South Korea has announced restructuring plans for the shipping and shipbuilding industries and measures
JUNE 8, 2016 — The U.S. marine industry is condemning a measure proposed by Rep. Gary Palmer (R-AL) that would exempt Puerto Rico from the Jones Act – which requires waterborne cargo
JUNE 8, 2016 — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, today said that it will implement a management improvement plan by 2018. Worth 3.5 trillion won (over $3
JUNE 6, 2016 —Estonia’s Baltic Workboats AS has won an EUR 16 million contract to design and build an advanced new multifunction patrol vessel for Estonia’s Police and Border Guard Board. It
JUNE 3, 2016 — Delivered by Eastern Shipbuilding Group, Panama City, FL last month, the Zyana K is the second in a series of Robert Allan, Ltd. (RAL) designed Z-Tech 2400 class
JUNE 1, 2016 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division today authenticated the keel of the destroyer Delbert D. Black (DDG 119). The ship will be the 32nd Arleigh Burke-class (DDG
JUNE 1, 2015 — General Dynamics National Steel and Shipbuilding Co., San Diego, California, is being awarded a $106,167,876 undefinitized contract action on a not-to-exceed basis for the procurement of long lead
MAY 27, 2016 — The Senate Appropriations Committee yesterday approved the FY2017 Defense Appropriations Bill and the FY2017 Homeland Security Bill. The defense bill recommends $20.5 billion for Navy shipbuilding, an increase