Shipbuilding News

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Shipbuilding firms threatened as orders slump to 3,158 vessels

The shipbuilding industry recorded a very low orderbook last year with 3,158 units of 196.9 million deadweight tonnage (dwt), falling below 200 million dwt for the first time in 13 years.

New Hawaii Cargo Shipping Service is a No-Go

A much-touted plan to start a new Hawaii ocean cargo transportation service is dead in the water.Two companies that were working to launch what would have been a…

U.S. Navy Preps to Buy New Assault Ships for the Marine Corps | Markets-and-stocks

When the U.S. Marine Corps deployed to the Persian Gulf as part of Operation Enduring Freedom, the USS Whidbey Island (LSD 41) helped to carry them there. At 609 feet long and displacing more than 16…

Bob Boyd joins Colonna's Shipyard

Robert M. Boyd, previously the Hampton Roads regional president for BB&T, has joined Colonnas Shipyard Inc. in Norfolk as vice president for strategic growth and development.In his new role…

South Korea Bourse May Add To Record Finish

(RTTNews) - The South Korea stock market has climbed higher in four consecutive trading days, advancing almost 75 points or 3 percent to a fresh record closing high.

The changing face of U.S. small shipyard grants

Thankfully, Marad is putting up millions of dollars again this year to help small shipyards make improvements that will help bring in new business. A total of $9.8…
submarine

Lockheed Martin secures 200 Australian jobs for $700m Future Submarines contract

Lockheed Martin Australia has agreed a $700 million contract for the Future Submarine Program, which will create 200 Australian jobs.The project, which will take…

Loom spun rope for ships and fishing nets

At the Museum of the Albemarle, we periodically change out our exhibits, displays and featured artifacts to keep our visitors coming back to learn even more history about our region.

Photos: India's Ganges River pollution

A man cleans garbage along the banks of the river Ganges in Kolkata, India, April 9, 2017.REUTERS/Danish SiddiquiIndia's Ganges River is a paradox: The mighty river's tributaries are cool…

China's state-owned firms to face more mergers | Article [AMP] | Reuters

DAVOS, Switzerland (Reuters) - China's state-owned enterprises will face more mergers and bankruptcies as the government overhauls the state sector, the head of…

China Shipbuilding Industry Company Limited (601989) Dips -0.63% on Jan 27

January 27, 2018 - By Marie MckinneyShares of China Shipbuilding Industry Company Limited (SHA:601989) last traded at 6.35, representing a move of -0.63%, or -0.04 per share…

Take a Look Inside the Amazing Power of a U.S. Aircraft Carrier

The U.S. Navy is the most powerful navy in the world. To add to that, a brand new, largest of its kind, aircraft carrier has been launched: The USS Gerald R. Ford (CVN 78).

U.S. Navy Preps to Buy New Assault Ships for the Marine Corps -- The Motley Fool

When the U.S. Marine Corps deployed to the Persian Gulf as part of Operation Enduring Freedom, the USS Whidbey Island (LSD 41) helped to carry them there. At 609 feet long and displacing more than 16…

U.S. Navy Preps to Buy New Assault Ships for the Marine Corps | Markets & Stocks

When the U.S. Marine Corps deployed to the Persian Gulf as part of Operation Enduring Freedom, the USS Whidbey Island (LSD 41) helped to carry them there. At 609 feet long and displacing more than 16…

Network of churches, nonprofits provide shelters, meals to homeless on Peninsula

David Washington only wants three things: A home, a car and an education.The 68-year-old man has never had that not the car, not the house, not the education. Born and raised in Newport News…

SENER to Install FORAN at the Qingdao National Laboratory for Marine Science and Technology

SENER and China-based Qingdao National Laboratory for Marine Science and Technology (QNLM) have signed a contract involving the implementation of SENERs state-of-the-art smart shipbuilding system…

Hundreds of workers briefly walk off job at Irving shipbuilding - Halifax

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Hundreds of Irving Shipyard employees stage unplanned walkout

Several hundred unionized workers at the Irving Shipyard in Halifax staged an unplanned and unsanctioned walkout Thursday afternoon. Workers in Unifor MFW Local…

How Workers in Europe Earned Money for North KoreaUntil Now

WARSAWA few days before Christmas, Polands parliament quickly convened to put an end to an untenable arrangement: Hundreds of North Koreans working in Poland under…

Trucking Taxation on Rise, But Driver Shortage Remains Largest Challenge

VOL. 11 | NO. Trucking companies pay one of the highest tax rates of any business sector. According to a study published by New York University, only the 27.28 percent…