Canada announces tweaks to National Shipbuilding Strategy

MAY 26, 2016 — The Government of Canada today announced a series of enhancements to strengthen the National Shipbuilding Strategy “so that needed vessels are delivered to the Royal Canadian Navy and

Damen introduces new workboat series

MAY 25, 2016 — Damen Shipyards will soon start work on a new class of utility vessel, the UV2410. The multi-role platform is the result of extensive consultation with aquaculture industry customers

BAE Mayport wins $29 million LSD 43 award

MAY 18, 2016 — BAE Systems Southeast Shipyards Mayport LLC, Jacksonville, FL, is being awarded a $29,258,886 firm-fixed-price contract for phased maintenance availability repair work onboard USS Fort McHenry (LSD 43).  

Russia’s USC to build first cruise ship in decades

MAY 17, 2016 –  Aleksey Rakhmanov, president of Russia’s United Shipbuilding Corporation (USC), says the company is to start construction this year of what will be the first cruise ship built in

Singapore’s Kim Heng inks $452 million Iran MOU

MAY 14, 206 —Singapore listed Kim Heng Offshore & Marine Holdings Limited reports that a wholly-owned subsidiary has entered into a non-binding memorandum of understanding with the Iran Marine Fund to explore

Damen to supply ASD tug to Ian Taylor Peru

MAY 12, 2016 — Ian Taylor Peru has signed a contract with Damen Shipyards Group for delivery of an ASD Tug 28100 for harbor duties in the Port of Callao. The two

Vard wins $300 million, 15 vessel order

MAY 11, 2014 – Vard Holdings Limited, which is 55.63% owned by Fincantieri has won a $300 million order to design and construct 15 module carrier vessels for Dubai headquartered Topaz Energy

Vard wins $300 million, 15 vessel module carrier order

MAY 11, 2014 – Vard Holdings Limited, which is 55.63% owned by Fincantieri has won a $300 million order to design and construct 15 module carrier vessels for Dubai headquartered Topaz Energy

BAE Mayport wins $32.5 million Farragut DSRA contract

MAY 11, 2015 — BAE Systems Southeast Shipyards Mayport, LLC, Jacksonville, FL, is being awarded a $32,546,563 firm-fixed-price contract for Drydock Selected Restricted Availability (DSRA) repair work onboard USS Farragut (DDG 99).

Hyundai Heavy cuts management jobs, may close dry docks

MAY 9, 2016 — Shipbuilder Hyundai Heavy Industries (HHI) says it will “spur the efforts to enhance its competitiveness by implementing intense management reform plans including the voluntary retirement of manager-level employees.”

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