Marine Link
Tuesday, February 28, 2017

Newport News Shipbuilding Opens Doors for Area Students

Newport News, Va. - Huntington Ingalls Industries announced today that its Newport News Shipbuilding (NNS) division hosted 50 students and faculty from area high schools as part of Heritage High School's Engineering and Technology Magnet Program Seniors Internship and Newport News Public Schools' "Spring Break: Make It Work" job shadowing program. Both programs focus on the benefits of science, technology, engineering and math (STEM) in the workplace. "It is inspiring to see so much enthusiasm and initiative among our young people in Newport News," said John Shifflett, NNS' director of leadership, technical and professional development. "These programs do a great job of helping students connect the dots between what they are learning in the classroom and how it will apply in the workplace.

Shipbuilder HII Declares Quarterly Dividend

Columbia Class Courtesy Huntington Ingalls Industries

Huntington Ingalls Industries announced today that its Board of Directors has declared a quarterly cash dividend of $0.60 per share, payable on March 10, 2017, to shareholders of record as of the close of business on March 3, 2017. Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder.

NNS Stacks Office with Food Christmas Trees

Photo credit NNS

Newport News Shipbuilding employees donate food for the poor at Christmas, filling offices from desk to door. Huntington Ingalls Industries' Newport News Shipbuilding (NNS) division donated more than $23,500 and more than 31,000 pounds of non-perishable food to the Virginia Peninsula Foodbank during the shipyard's annual holiday food drive. "We are fortunate to employ an extraordinary group of people at Newport News Shipbuilding," said Chavis Harris, NNS' director, EEO, diversity and corporate citizenship.

Submarine Texas Christened at Newport News

First Lady Laura Bush smashed a bottle of champagne to christen the Navy’s newest nuclear-powered submarine Texas (SSN 775) in front of a cheering crowd of 4,500 people at Newport News shipyard July 31. Secretary of the Navy Gordon England joined a number of dignitaries, including Sen. Kay Bailey Hutchison of Texas, who delivered the ceremony’s principal address. “It is entirely fitting that USS Texas will become the latest bulwark, and one of the most powerful, in our arsenal of democracy,” said Hutchison. “When she sets sail, she will do so with 22 million Texans and our nation’s First Lady at her side. Mr. Named to honor the 28th state admitted to the union, Texas is the fourth ship of the U.S. Navy to carry the name since the original Texas was commissioned in 1895.

Rep. Granger Visits Newport News Shipbuilding

Rep. Kay Granger, R-Texas, visited Newport News Shipbuilding on Thursday. Granger serves as chairwoman of the House Appropriations Committee’s Defense Subcommittee. (Photo: John Whalen/HII)

Huntington Ingalls Industries (HII) hosted Rep. Kay Granger, R-Texas, on February 23 for a tour of the company’s Newport News Shipbuilding division. Newport News Shipbuilding President Matt Mulherin accompanied the congresswoman on the shipyard tour, which included progress updates on the aircraft carriers Gerald R. Ford (CVN 78) and John F. Kennedy (CVN 79), as well as the USS Abraham Lincoln (CVN 72) refueling complex overhaul and the Enterprise (CVN 65) inactivation. Granger also learned about Newport News’ role in the Virginia- and Columbia-class submarine programs.

Night-Service HK Jetfoil Hits 'Object', 85 Injured

Jetfoil Madeira: Image CCL

About 85 people have been injured, six of them seriously, when the high-speed ferry hit an unidentified object while travelling to the gaming mecca of Macau reports BBC News. The accident, which threw many of the 100+ passengers out of their seats, happened in the early hours of the morning near the island of Hei Ling Chau, while the jetfoil, operating at normal speed, was on a routine voyage from Hong Kong to Macau. Following the incident the jetfoil was towed back to the ferry terminal in HK, reports BBC News citing  Hong Kong officials.

Apply Now for the MN100

The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers.   Is your firm a top 100 workboat, brown water or inland enterprise? Participation is free, but to be considered you must apply at the link below. To have your company featured in this edition, please apply at http://mn100.maritimemagazine.com/   Contact Joe Keefe with questions at: keefe@marinelink.com

GD Extends NNS Offer

General Dynamics extended its pending tender offer for all outstanding shares of common stock (including associated rights) of Newport News Shipbuilding Inc. to midnight, EDT, on July 6, 2001. The offer was previously scheduled to expire at midnight, EDT, on June 22, 2001. delivery) of Newport News had been tendered. Dynamics is awaiting the requisite governmental approval in order to complete the transaction. for the U.S. Navy and provides life-cycle services for ships in the Navy fleet. employs nearly 17,000 people and has annual revenues of approximately $2 billion. worldwide and anticipates 2001 sales of approximately $11.5 billion. land and amphibious combat systems.

Italy Illegal Immigrant Ship Sinking Update

Italian divers have recovered more bodies from the wreck of a people smugglers' ship that sank off the tiny island of Lampedusa, raising the death toll to 275, while prosecutors have detained a man suspected of being the ship's captain, reports Fox News. Fox News citing Coast Guard Commander Filippo Marini reported that he search would continue as long as weather allows. Just 155 migrants, most if not all from Eritrea, survived last Thursday's shipwreck. Survivors said there were some 500 people on board when the ship capsized and sank in sight of land. Tens of thousands of migrants from Africa and the Middle East try to cross the Mediterranean Sea each year, seeking a better life in Europe, but the journey is fraught with danger. Source: Fox News  

1,500 to be Laid Off from Newport News Shipbuilding

Image: Newport News Shipbuilding (NNS)

Layoffs at Newport News Shipbuilding could top 1,500 from now through 2016 as the company copes with a temporary drop in work, the company president told employees this week. In a letter to the workforce, President Matt Mulherin said layoffs will exceed 500 people this year, with more details expected the fall. Next year, job cuts will "likely" exceed 1,000, he said. Those layoffs wil be announced as work drops across the yard. The cutbacks will hit both salaried and hourly workers. There will also be other cost reduction measures.

Naval Ships Rescue 114 in Indonesia

Naval vessels rescued more than 100 people after a packed ferry sank in heavy seas off Indonesia, but dozens could still be missing, the Edinburgh Evening News reported. Two navy ships had picked up 114 people. One person was confirmed dead. While a passenger list put the number of people on board at 106, it could have been as high as 160. The ferry was traveling from Kupang, on Timor island, to nearby Rote island when authorities lost contact with it during the evening voyage. (Source: Edinburgh Evening News)

South Korean Navy Ship Sinks Near Border

According to a March 26 report from BBC News, about 40 sailors are missing after a South Korean navy ship sank near the border with North Korea, Yonhap news agency said citing military officials. The patrol vessel, with 104 people aboard, sank after an unexplained explosion tore through its hull. Several sailors also died, officials were quoted as saying. (Source: BBC News)

Thailand Tourist Ferry Sinks, 7 Dead 100 Injured

Pattaya Bay: Photo Wiki CCL

A tourist ferry has capsized in Thailand, near the beach resort city of Pattaya. 200 Thai and foreign tourists were on the (allegedly overloaded) double-decker ferry reports RT News. Marines from Thailand’s Sattahip Naval Base have been deployed to search for the ship and missing passengers. The number of missing people has not been officially confirmed, but RT cite local media as reporting that at least 20 are missing. Source: RT News  

UK Ferry Service Saved by the Community

Ferry Brigantia: Photo courtesy of Bristol Ferry Co.

The Bristol Ferry Boat Company went into administration last November, and needed to raise £250,000 from investors by 31 July, but it surpassed that target, topping £300,000. According to  BBC News, citing ferry boss Ian Bunguard, more than 600 people had bought the shares - starting at £100 - with many being bought by people living in the city, and the ferry was now in a very strong position. Bristol Ferry Boat Company went into administration last year but its five blue and yellow passenger boats were bought by a consortium of investors.

Northrop Grumman Annual Shipyard 5K Fun Run/Walk

 Photo courtesy Northrop Grumman

More than 400 employees, their family members and friends participated in Northrop Grumman Corporation's (NYSE:NOC) 5K Fun Run/Walk. The event was held at the company's Shipbuilding sector in Newport News, Va. on Oct.2. Jim Hughes, Newport News' vice president of aircraft carrier overhaul and carrier fleet support, welcomed shipbuilders and their families to the 5K. "This event is one of the many that we're doing this year as a part of our 2010 focus on our people," said Hughes. "What better things to focus on with our people than health, safety, wellness and quality of life.

Socio-Economic Impact of EU Shipping Industry Remains Solid

Photo: European Community Shipowners' Associations (ECSA)

Adding supply chain and worker spending multiplier impacts, the shipping industry’s total employment contribution rises to 2.1 million people and its total GDP contribution is estimated to have been € 140 billion in 2015. These are the key findings of the latest update on the economic value of the EU shipping industry which ECSA commissioned from Oxford Economics. The report further indicates that, at € 89,000 per worker in 2015, productivity in the EU shipping industry remains above the EU average, as well as that of sectors such as manufacturing and healthcare.

Trump Seeks 'Historic' Increase in Defense Spending

Donald Trump (Official White House photo)

President Donald Trump is seeking what he called a "historic" increase in military spending of more than 9 percent, a huge rise even as the United States has wound down major wars in Iraq and Afghanistan and remains the world's strongest military power. Trump will seek to boost Pentagon spending in the next fiscal year by $54 billion in his first budget proposal and slash the same amount from non-defense spending, including a large reduction in foreign aid, a White House budget official said on Monday. The president does not have the final say on federal spending.

2 Dead, 139 Missing After Ferry Accident

Two people were killed and at least 139 others missing after a passenger ferry bound for Bacolod City caught fire early yesterday morning near Corregidor island, according to a report on PHILIPPINE HEADLINE NEWS ONLINE. It was not clear if the more than 100 people still unaccounted for were rescued by fishing boats. They were either trapped inside the ill-fated SuperFerry 14 or disappeared after jumping into the sea, the news agency reported. Twice, the fire appeared to be out, only to rekindle. Shortly after dawn, more than five hours after the blaze broke out, two loud explosions came from inside the back section of the passenger ship, followed by billowing black smoke and walls of flame.

57 Missing After Ships Sink

At least 57 people are missing after two ships sank in high winds in the Taiwan Strait off southeast China, the state news agency said on Friday, according to a report on www.cbc.ca. Xinhua said the first ship, carrying 37 people, struck a reef near coastal Fujian province's Pingtan island late Thursday. The Fujian Maritime Safety Administration says the ship, headed for Indonesia, was fully loaded with aquatic products when strong winds carried it onto the reef. About two hours later, a fishing boat with 27 people sank near Pingtan island. Three people were rescued, but the rest are missing.

Top 10 Maritime Nations: Ranked by Value

(Image: VesselsValue.com)

The March 2017 edition of Maritime Reporter & Engineering News focuses on SINGAPORE, as this maritime powerhouse struggles to maintain balance and influence through the offshore oil and gas downturn. Looking at the "Top 10 Nations" ranked by value from VesselsValue.com, Singapore ranks #5 with 2,662 vessels, comprising 64.03 million GT and a $41.7 billion valuation, just behind the United States at #4 (2,399 vessels, 55.92m GT, $46.5 billion valuation).    

Apply Now for the MN100

The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers. Is your firm a top 100 workboat, brown water or inland enterprise? Participation is free, but to be considered you must apply at the link below. To have your company featured in this edition, please apply at http://mn100.maritimemagazine.com/ Contact Joe Keefe with questions at: keefe@marinelink.com  

HII CEO Mike Petters Speaks at University of Virginia

Newport News - Huntington Ingalls Industries President and CEO Mike Petters spoke at the University of Virginia's Darden School of Business on March 6. Petters' address was part of the school's Leadership Speakers Series, which features the world's thought  leaders and gives MBA students, faculty and staff the opportunity to hear and discuss leaders' stories and advice. Petters shared with students his views on leadership, talent development and the importance of having great people. When asked what he has learned in his career as a leader, Petters said success is not the result of products or processes, but the efforts of people. "The most important thing done in business is done through your people," he said.

HII Graduates 184 Shipbuilders from Apprentice School

Rear Adm. Mat Winter, the U.S. Navy’s deputy program executive officer for the F-35 Lightning II, gave the commencement address at The Apprentice School graduation. Photo by John Whalen.

Huntington Ingalls Industries (NYSE:HII) hosted commencement exercises on Saturday for 184 graduates of the company’s Apprentice School located at Newport News Shipbuilding. The ceremony was held at Liberty Baptist Church Worship Center in Hampton. Rear Adm. Mat Winter, the U.S. Navy’s deputy program executive officer for the F-35 Lightning II, reminded the company’s newest shipbuilders during his commencement address that everything they have achieved and will continue to achieve makes a difference.

Maritime Reporter Magazine Cover Feb 2017 - The Cruise Industry Edition

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