Losses on two Leevac leftovers push Gulf Island into red ink
Losses incurred on two shipbuilding contracts inherited as part of its Leevac Shipyards acquisition pushed Gulf Island Fabrication, Inc. into red ink for the quarter and half year ended June 30, 2017.
France to temporarily nationalize Saint-Nazaire shipyards
The French government wants to guarantee that shipbuilding and shipbuilding jobs will remain in France.
Austal Philippines hands over fast cat to South Korea’s Seaspovill
The Seastar 11 will transport up to 450 passengers at speeds greater than 40 knots.
ABS class for both units of U.S.-built liquefied gas ATB
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 tug, Abundance, built by Nichols Brothers Boat Builders.
Norfolk Dredging wins $50.3 million Delaware River contract
Work will be performed in Philadelphia, Pennsylvania, with an estimated completion date of July 27, 2018.
European Commission moves to improve seafarers’ welfare
The proposal will ensure that seafarers are better protected against abandonment in foreign ports and will strengthen their rights to compensation.
Bath Iron Works gets $11.3 million mod to DDG 51 lead yard contract
The contract provides liaison and technical support; engineering, design and configuration management; systems engineering team; turnkey and crew indoctrination and orientation.