According to a report from CBC News, the B.C. government is pouring $550,000 into a shipbuilding training centre at Camosun College in Saanich. The centre will help support the B.C.'s shipbuilding industry as a Vancouver company is vying for some of the $35b in federal shipbuilding contracts currently up for bid. Source: CBC News
According to a report from the Times Colonist, Quebec is enabling the insolvent Davie shipyard to enable it to fight for billions of dollars of coveted federal shipbuilding contracts in competition with companies in B.C., Nova Scotia and Ontario. Two Quebec ferry contracts will be given to Davie under a tentative agreement with the potential buyers of the shipyard, now in bankruptcy protection. The work will ensure Davie can meet federal conditions that shipyards be financially sound when
Davie Yards Inc. (TSX:DAV) introduced its proposal for the implementation of a National Shipbuilding Procurement Strategy aimed at renewing the federal fleet and building world-class shipbuilding capability in Canada, while providing more predictable work for the maritime industry. "Davie's proposal is based on our belief that Canadian yards can achieve a competitive position vis-à-vis European yards in building complex ships
The Daily Press has reported that Capt. Richard Berkey will lead the Portsmouth, Va., yard as Capt. Joseph Campbell heads to the Pentagon. Navy Capt. Richard D. Berkey assumed command of Norfolk Naval Shipyard on Friday, taking the helm from Capt. Joseph F. Campbell. The nuclear-capable shipyard, based in Portsmouth, performs maintenance jobs on both aircraft carriers and submarines. With about 7,700 employees, it is the second-largest shipyard in Hampton Roads behind Northrop Grumman
Irving Shipbuilding’s successful C$25 billion bid for the combatant portion of the National Shipbuilding Procurement Strategy (NSPS) illustrates the strength of Nova Scotia shipbuilding industry. Under the program, Irving Shipbuilding, Inc. (ISI) will build six to eight Arctic/Offshore Patrol Ships and 15 Canadian Surface Combatants for the Department of National Defense (DND) over the next 20-30 years. The NSPS contract is in addition to ISI’s contract to build nine mid-shore
Far Eastern Center for Shipbuilding and Shiprepairing is being created in Primorye. The Primorsky Territory Administration hosted a meeting dedicated to this new center. RF President Aide Alexander Burutin and Primorye Vice-Governor Pavel Popov took part in the meeting dedicated to creation of OJSC, which was held in the Primorsky Territory Administration. As the Administration reports, this open joint-stock company (OJSC) will be a sub-holding within the United Shipbuilding
Halifax's Irving Shipbuilding is getting the $25 billion contract to build 21 Canadian combat ships and Vancouver's Seaspan Marine has been awarded an $8 billion contract for 7 non-combat vessels, the federal government announced, which is the manifestation of the Canadian government's National Shipbuilding Procurement Strategy (NSPS), designed to envigorate the country's shipbuilding industrial base and manufacture a fleet of vessels to protect the country vital interests in the quickly
Recent changes to Canada’s Federal government’s New Building Canada Fund, announced by Infrastructure Minister Amarjeet Sohi, will enable significant investments in infrastructure systems, including ferry replacement and refits. Ferry operators across Canada will have access to the Fund that may inject billions of dollars in transportation infrastructure projects, providing the proposed projects be completed within a three year timeframe.
July 27 marked the opening of the Government of Canada's Shipbuilding Consultation, which seeks input from key stakeholders on comprehensive and viable options for a long-term, sustainable Canadian shipbuilding strategy. The Government is committed to building and maintaining an effective federal fleet of ships for maritime security and services. Fleet renewal plans could see the Government invest in excess of $40 billion to build more than 50 large vessels over the next 30 years.
The Obama Administration sent a preliminary bill for $69.09m to BP and other responsible parties for response and recovery operations relating to the BP/Deepwater Horizon Oil Spill. The Administration will continue to bill BP regularly for all associated costs to ensure the Oil Spill Liability Trust Fund is reimbursed on an ongoing basis. As a responsible party, BP is financially responsible for all costs associated with the response to the spill
The OW saga - UAE Federal Supreme Court decides that physical suppliers of bunkers have no right to recourse against Owners/Charterers. In the first decision on the issue from the most senior court in the country, the UAE Federal Supreme Court has decided that physical suppliers of bunkers have
The first dual-fuel two-stroke engine employing the low-pressure X-DF gas admission technology developed by Winterthur Gas & Diesel (WinGD) passed the final milestone in its evolution from a technical concept to commercial operation as a marine main engine.
In a prepared statement China State Shipbuilding Corporation (CSSC) and Wärtsilä announced that Wärtsilä transferred its 30% shareholding in Winterthur Gas & Diesel Ltd. (WinGD), headquartered in Winterthur, Switzerland, to CSSC
Nearly 400 scientists from more than a dozen countries signed a letter urging U.S. President Barack Obama to take the Arctic Ocean out of the next federal offshore lease sale plan, thus ruling out the possibility of offshore drilling in the Arctic in the near future.
During the 20th St. Petersburg International Economic Forum, Fincantieri and Rosneft signed a Heads of Agreement for the formation of a joint venture focused on design and engineering of a new type of vessel to be built at the Zvezda shipbuilding complex
GE’s Marine Solutions business in Peterborough, Ontario is completing one of the first milestones of the company’s seven-year contract with Irving Shipbuilding Inc.,(ISI) to provide electrical power, propulsion systems, installation and commissioning services for six ice-capable Arctic
STX Offshore & Shipbuilding may be put under a court-led restructuring scheme, paving the way for the shipyard to avert liquidation, says a report in Korea Times quoting local court. Last month, STX Shipbuilding, once Korea's No
The Vancouver Fraser Port Authority is aware that a public rally has been organized for this weekend by MP Jenny Kwan and community members in opposition to the proposed Centerm Expansion Project. The port authority respects the right of any group to voice concerns and opinions in a public way.
Irving Shipbuilding Inc. has committed $2 million in funding in partnership with the Nunavut Arctic College for an applied research project with a northern focus. “Irving Shipbuilding is pleased to support this call for research proposals for the Nunavut Research
A U.S. Navy rear admiral pleaded guilty on Thursday to a charge of lying to federal investigators, making him the highest-ranking officer to be convicted in the expanding "Fat Leonard" bribery case. Robert Gilbeau, 55, a special assistant to the chief of the Navy Supply Corps
South Korea will pump $9.5bn (11 trillion won) into state-run policy lenders reeling from huge losses on loans made to the beleaguered shipbuilding and shipping sectors to help them deal with further corporate distress, says FT.
Iran has placed orders worth around $2.4 billion with South Korean shipyards for the construction of ships to carry Iran’s oil and petrochemical products, The Wall Street Journal says. The orders have been placed by the Islamic Republic of Iran Shipping Lines (IRISL) and
The 'Big Three'—Daewoo Shipbuilding & Marine Engineering, Hyundai Heavy Industries and Samsung Heavy Industries—hold $42.1 billion in loans between them. The firms closed out 2015 with combined losses of more than $6 billion, their earnings reports revealed.
International climate scientists are calling on the Canadian government to reject a proposed liquefied natural gas project by Petronas-backed Pacific NorthWest LNG in British Columbia, saying it would have dire environmental effects, according to a report in Canadian Press.
South Korea's STX Offshore & Shipbuilding Co. has filed for receivership, following massive losses that have mounted up over the past two years, says a report in the WSJ. According to multiple sources from the shipbuilding industry