Hyundai Heavy Aims for $27b orders in

Hyundai Heavy Aims for $27b orders in 2008

Monday, December 31, 2007

Hyundai Heavy Industries Co. said it was aiming to win $27.4b worth of orders in 2008 from an estimated $26.9 billion in 2007, the South Korean firm said on Monday. Hyundai said in filings with the Korea Exchange it was also aiming to post annual revenue of $19.34b won in 2008, up 16 percent won in 2007. The company also said the 2007 estimated order total represented a 42 percent jump from 2006, while the 2007 revenue figure represented a 24 percent increase. Source: Reuters

Escort Tugs in San Francisco Bay

Indian Navy Chose Ullman Seats as New Standard

China Supplies Maersk Triple-E Hull Modules

Wison Announces Venezuela Contract

MARAD Deputy Matsuda Resigns

Shipbuilding

Keel Authenticated for Ingalls’ Fifth National Security Cutter

Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division authenticated the keel of the company's fifth U.S. Coast Guard National Security Cutter, James (WMSL 754).

USCG Contracts HII to Build Sixth National Security Cutter

The U.S. Coast Guard awarded a fixed‐price incentive firm target contract valued at approximately $487.1 million to Huntington Ingalls Industries for the production

Conrad Shipyards Earn Two Safety Awards

Conrad Shipyard, L.L.C. has received the 2012 Award for Excellence in Safety as well as the Award for improvement in Safety by the Shipbuilders Council of America (SCA).

Ship Repair & Conversion

Kanoo to Reveal Latest Developments at Services Show

Kanoo Shipping – an offshore and marine services provider in the Middle East, operating throughout Saudi Arabia, Bahrain, UAE, Oman, Qatar, Yemen, Iraq and Sudan

VT Halter Marine’s Dry Dock Arrives in Pascagoula

VT Halter Marine Inc, a subsidiary of VT Systems Inc., announced the arrival of a 12,000 MT Floating Dry Dock transported by a heavy lift vessel from the Philippines.

DRS Contracted to Continue USCG Maintenance

DRS Technologies, Inc. announced it has been awarded a contract by the U.S. Coast Guard (USCG) to continue its maintenance, repair and overhaul work at the U.S.