Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division has received two fixed-price incentive contracts from the U.S. Coast Guard to build two additional National Security Cutters for the U.S. Coast Guard. The contract values…
Ingalls Shipbuilding: $930M Contract for Pair of USCG Ships Read More »
The U.S. Navy has awarded General Dynamics Bath Iron Works a contract to build a fifth DDG 51 destroyer as part of the multi-year award announced in September. General Dynamics Bath Iron Works is a business unit of General Dynamics (NYSE: GD).In the mo…
Bath Iron Works Wins Contract for Fifth DDG 51 Destroyer Read More »
In its latest weekly report, shipbroker Banchero Costa said that “Russian wheat exports have benefited this year from a record crop output, and relatively cheap supplies have helped them to snag a larger share of the global market. The USDA estimates R…
The Russian Wheat Export Trade and Dry Bulk Market Read More »
A sharp decline in prices as well as mounting pressure of oversupply has forced OPEC and its allies to cut production. However, crude tanker demand is unlikely to be affected, as a notional loss in the volume of crude oil trade owing to the production …
Production cut by OPEC and allies unlikely to hurt crude tankers Read More »
BIMCO and MAN Energy Solutions hosted a conference for software suppliers delivering Computerised Maintenance Management Systems (CMMS) to expand the use of Shipdex. Shipdex is the standard protocol for exchanging technical data – such as manuals…
BIMCO: Newbuilding Contracts Should Require Use Of Shipdex Read More »