Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division delivered the Arleigh Burke-class guided missile destroyer Delbert D. Black (DDG 119) to the U.S. Navy.Documents signed today mark the official transfer of custody of the ship from HII …
Ingalls Delivers Destroyer Delbert D. Black Read More »
The tanker market has been one of few segments of the oil industry that enjoyed positive momentum in March, OPEC said in its latest weekly report, with gains in both dirty and clean spot freight rates. A sudden surge in crude exports early in March boo…
March Was a Positive Month for Tankers Read More »
The Baltic Exchange has added quarterly assessments of the cost of operating crude oil carrying Aframax tankers and clean product carrying Medium Range (MR) tankers to its growing suite of shipping investor tools. The new service is based on assessment…
New OPEX assessments for tankers Read More »
I know. We all saw it. Like the world’s most epic game of Jenga ending, it all came crashing down. Those who were closely watching the trading of the May contract of WTI will be all too aware of the negative pricing that occurred this week. Those who w…
Oil’s Well that Ends Well Read More »
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has been awarded a contract modification to exercise the first option year of the existing Littoral Combat Ships (LCS) Planning Yard contract. This option has a potential total…
Ingalls Awarded LCS Planning Yard Contract Read More »