Electric Boat Awarded Another Sub-Repair Contract

Wednesday, April 04, 2007
Electric Boat Corp. was awarded a $6.7 million submarine contract with the U.S. Navy. The Supervisor of Shipbuilding Conversion and Repair, based in Groton, Conn., commissioned the work. Electric Boat is a business unit of General Dynamics Corp., a defense contractor headquartered in Falls Church, Va. There are five General Dynamics business units operating in New England, including Bath Iron Works in Bath, Maine and General Dynamics Armament and Technical Products based in Burlington, Vt. General Dynamics employs 72,200 people worldwide and specializes in combat systems, munitions and shipbuilding. General Dynamics reported 2006 net sales of $24 billion. Source: MHT
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Contracts

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

President Pryor Retires from ExxonMobil Chemicals

Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service.

Asia Tanker, VLCC Rates Could Climb

Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs)

Environmental

Steven Palazzo Visits HII, Newport

Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi,

Environmental Groups: IMO Polar Code Too Weak

The International Maritime Organization (IMO) today adopted the Polar Code aimed at regulating shipping in Polar Regions. Several environmental groups have criticized

Bouchard Vessels Honored by SCA

Forty-three Bouchard Transportation Co., Inc. vessels have been honored by The Chamber of Shipping America (CSA) with Certificates of Environmental Achievement.

 
 
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