British multinational company BAE Systems has secured a contract worth $113.5 million to supply an additional 26 amphibious combat vehicles (ACV) to the US Marine Corps (USMC).The company will supply the ACVs under the low-rate initial production (LRIP…
BAE Systems Wins U.S. Navy Contract Read More »
Finnish shipbuilding company Rauma Marine Constructions (RMC) and Australian TT-Line Company have signed a Memorandum of Understanding on two fast car and passenger ferries.The Project will have an impact on employment totalling around 3,500 person-yea…
RMC to Build Ferries for TT-Line Read More »
German industrial conglomerate Thyssenkrupp Marine Systems (TMS) plans to use 3D printers increasingly in manufacturing submarine parts. This offers decisive advantages over conventionally produced components.The corresponding quality and safety approv…
TMS to Use 3D Printers for Submarines Read More »
Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement (MoA) to sell to an unaffiliated third party, the 2002-built vessel Norfolk.The global shipping company specializing in the ownership…
Diana Shipping Sells Dry Bulker Norfolk Read More »
The technical launch of first Doha-class air defense corvette ordered by the Qatari Ministry of Defence within the national naval acquisition program, took place at Fincantieri’s shipyard in Muggiano (La Spezia).The corvette Al Zubarah is named…
Fincantieri Launches Corvette for Qatar Read More »