In a sign with undoubted positive ramifications for the shipbuilding industry, Korea's STX Offshore & Shipbuilding reportedly won $340m in orders to build eight tankers (plus four options) for an unidentified company, Reuters reported
Naval Facilities Engineering Command (NAVFAC) Hawaii awarded a $20.5 million firm-fixed-price task order under a multiple award construction contract April 27 to Insight Pacific LLC,
Eighty-meter ice class Ro-Pax ferry MV Veteran was recently launched by Damen Shipyards Galaţi in Romania, the builder announced today.
The vessel represents the first of a two-vessel contract,
U.S. Secretary of State John Kerry told Japanese leaders on Monday that Washington's treaty commitments to Japan's security remain "iron-clad" and cover all territories under Tokyo's administration,