By Alistair Smout LONDON, Sept 12 (Reuters) - Babcock International won a contract to design new Type 31 frigates on Thursday as Britain seeks to revive its once-mighty shipbuilding industry. The frigates will be assembled at Babcock's facility in Rosyth, Scotland, and the program will support over 2,500 jobs across the Britain, including its supply chain. The deal will … [Read more...]
NASSCO Awarded Contract to Build More Expeditionary Sea Base Ships for U.S. Navy
General Dynamics NASSCO has been awarded a contract to build up to three more Expeditionary Sea Base ships for the U.S. Navy. The contract, announced Friday by the Department of Defense, calls for the construction two ESBs for $1.08 billion at the company’s San Diego shipyard. It also includes an option for a third vessel that, if exercised, would bring the total contract … [Read more...]
Billionaire Succession Stirs Protest at World’s Largest Shipyard
By Yoojung Lee (Bloomberg) -- Park Jin-ok was one of the first to take voluntary retirement at Hyundai Heavy Industries Co. after working as a welder for the world’s largest shipbuilder for 15 years. Since he left in 2016, he has been joined by some 35,000 workers who quit or lost their jobs at the shipyard in South Korea’s port of Ulsan, in a downturn as dramatic as it was … [Read more...]
Philly Shipyard Begins Work on First Government Contract
U.S. shipbuilder Philly Shipyard has started work on its first government contract, kicking off short-term repair work on the U.S. Department of Transportation Maritime Administration vessel SS Antares. The The SS Antares is an Algol-class vehicle cargo ship owned by MARAD and managed by TOTE Services, LLC. The ship is in the yard to undergo routine repair and maintenance … [Read more...]
Titanic Shipbuilder Harland and Wolff to File for Insolvency
By Ian Graham BELFAST, Aug 5 (Reuters) - Harland and Wolff, the Belfast shipyard that built the Titanic, was put into administration on Monday after its bankrupt Norwegian owner failed to find a buyer and calls for its nationalization were rebuffed. The shipyard, whose towering yellow cranes dominate the Northern Irish city's skyline, has been occupied by workers … [Read more...]