BAE Systems has won a seven-year contract from the U.S. Navy to maintain Navy warships at Pearl Harbor. The company employs more than 300 people in Hawaii. The Naval Sea Systems Command contract is a multiship, multioption award. For the first year it’s worth $87 million. The Navy has an option to e
Sealegs International says it has shipped its first amphibious boat to Kuwait and has received orders for five more. It says two boats are scheduled to be shipped each month to Kuwait over the next three months, the group’s fastest entry into a new country market. It says the six Kuwait orders repre
The U.S. Navy has awarded General Dynamics Electric Boat an $18.7 million contract to perform reactor- plant planning yard services for nuclear submarines and support yard services for moored training ships. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD) . Work will be per
Todd Pacific Shipyards Corp. of Seattle has won a $6.5 million contract to overhaul the Alaska state ferry Malaspina, the company announced Thursday. The work is to be done at Todd’s facilities in Seattle, and is to be completed by April 5, 2007. Todd performs a variety of overhauls of large commerc
When Holland America Line recently added a new Culinary Arts Center to the final ship in the fleet, all structural changes originally envisioned for the company’s $225 million Signature of Excellence initiative were complete. The comprehensive Signature of Excellence upgrades announced nearly three
Wally has sold the Tunisian controlled company WMagic to Camuzzi Nautica, which will continue the exclusive production of the WallyTender and 47 WallyPower units for the Monaco-based Group. WMagic is a high technology shipyard located in Biserte, set up by Wally in 2000 for the construction of advan
Gulfport Energy Corp. on Thursday reported a fire north of its oil and gas production facilities in the West Cote Blanche Bay production field in southern Louisiana. The company said it is gathering information about its contractors at the scene. The fire involves two contracted vessels performing w
POSCO, global No.3 steel manufacturer, said yesterday its third-quarter net profit rose about 24 percent to 880 billion won from the second quarter. But its earnings dropped more than 17 percent, compared to the same period a year ago when it marked 1.06 trillion won. In a regulatory filing, POSCO
The first day of the Superyacht Cup in Palma took place in a fresh 15-18 knot breeze yesterday and a total of 17 superyachts took part. Celebrating its 10th Anniversary this year’s event has attracted a record fleet with nine yachts over 35m in length. The first day of the event sponsored by Fortis
Nakilat
In a fresh 15-18 knot breeze, 17 superyachts took part in the first day of sailing for The Superyacht Cup 2006 in Palma de Mallorca. The Superyacht Cup, celebrating its 10th Anniversary this year, has attracted a record fleet with 9 yachts over 35m in length. The first day of the event sponsored by
Transas has announced a contract with Russian shipbuilding company
All production from the Statoil-operated Snorre A platform and Vigdis field in the North Sea ceased today, 13 October, because of a lack of lifeboat capacity on the A installation.
The Van der Velden EPS
