According to a May 12 San Diego Union Tribune report, General Dynamics NASSCO in San Diego plans to eliminate one-fourth of its work force to cope with a prolonged slump in the industry, cutting as many as 1,150 positions. The company said it has sent letters to 900 of its 4…
Strategic Marine has successfully launched the first of two 496 ft Dive Supports Vessels, Caballo Maya (Hull 156) in Vietnam. The vessel was launched on the 5th of April, 2010, with the second vessel (Hull 157) approximately 90% complete and eight weeks from completion…
A May 12 story from The Chronicle Herald reported that the Canadian navy’s frigate modernization program at Halifax Shipyard will be unaffected by the sinking of the Scotia Dock II, according to union officials. Layoffs were not expected but…
According to a May 12 report from The Korean Times, Korean Shipbuilding companies face a tough future. In the 2000s, the shipbuilding business was a cash cow for Korea Inc., which accommodates many of the world's foremost players ― Samsung Heavy Industries…
The Swedish company Antiphon AB has introduced a new product for structure borne sound damping; antiphon MPM (metal-polymer-metal) foiled, a sheet metal laminate with a thin foil on one side. The core material is two zinc coated sheet steel…
Cruise ship building will again be a prominent at SMM 2010, the 24th international shipbuilding fair at Hamburg Fair site from 7 to 10 September 2010. The big exhibitors will include the stands of Fincantieri, Meyer Werft and STX Europe. These…
Marinette Marine Corporation, announced certification of their Quality Management System to the ISO 9001:2008 International Standard by Det Norske Veritas Certification, Inc. Marinette Marine is one of few companies to meet the new ISO 9001…
The Executive Control Board of the National Shipbuilding Research Program (NSRP) has awarded funding for eight new research projects as part of the Navy/Industry co-funded portfolio focusing on cost reduction in the U.S. shipbuilding and ship repair industry…
Abu Dhabi Ship Building (ADSB), the leading shipbuilder and naval support services provider in the Arabian Gulf region, has commenced the next phase of its Baynunah Corvette Class pride Program constructions for the UAE Navy. The Prime Contractor…
Princess Cruises, a unit of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), announced that contracts to build two 3,600-passenger ships have been finalized with Italy's Fincantieri shipyard. The new ships are scheduled to enter service in spring 2013 and spring 2014…
Raytheon Company (NYSE:RTN) delivered the first Electronic Modular Enclosure (EME) for the Zumwalt-class destroyer (DDG 1000) to the U.S. Navy. EMEs are large subsystem assemblies that efficiently package the shock mitigation, electromagnetic interference protection…
Bourbon Offshore Maritima, formerly Delba Maritima Navegação, the Bourbon subsidiary in Brazil, signed contracts with Petrobras for 13 new vessels. The contracts cover:- One Bourbon Liberty 200, an 80-tonne traction AHTS (Anchor Handling Tug Supply vessel)…
Austal announced an expansion of its European service presence with the establishment of a maintenance hub on the Strait of Gibraltar. Based in Southern Spain and Northern Morocco, the new operations will support the extensive fleet of Austal…
According to an April 27 report from The Business Times, there has been a slew of upgrades on the offshore and marine, and shipping sector on account of early signs of a pick-up in new-builds. Yangzijiang's stock has risen some 28 per cent this…
Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, announced that it has entered into shipbuilding contracts with a Chinese shipyard for the construction of two Handysize drybulk vessels…
