The Department of Defense award Metron Inc. a contract for development of a large displacement unmanned undersea vehicle (LDUUV). Metron, Inc., of Reston, Va.
National Maritime Day is May 22; & this year celebrates the thousands of civilian mariners who support freedom as part of the Navy’s Military Sealift Command. Rear Adm.
General Dynamics NASSCO recently delivered USNS Montford Point (MLP-1), the lead ship of the Mobile Landing Platform (MLP) class, to the U.S. Navy. The ship
Greece's Paragon Shipping Inc. obtains a $69-million credit facility with China Development Bank to partially finance its two 4,800 TEU containerships currently under construction.
The company reports its earlier loss significantly reduced in first quarter 2013 financial results. Financial highlights: Freight rate up 4.2% year on year
Jiangsu Province’s Economic and Information Technology Commission reviews Q1 2013 province-wide shipyard finances. The review of the shipbuilding industry’s