Thyssenkrupp on Monday said it was looking for partners for its steel and warship divisions, singling out just three lines of businesses that will stay within the struggling German industrial icon.Hoping to stop the bleeding of cash and restore investor confidence, the group also pooled businesses worth 6 billion euros ($6.
The U.S. Navy accepted delivery of its first Zumwalt-class destroyer USS Zumwalt (DDG 1000) on April 24 following Combat Systems Activation.The ship will transition to the next phase of developmental and integrated at-sea testing. This event marks a major milestone of the dual delivery approach for USS Zumwalt
A lack of operating procedures for continuous active monitoring contributed to the extent of damage caused by a 2019 fire on board a laid-up bulk carrier in Toldeo, the National Transportation Safety Board said in a report.At about 8:10 p.m. local time on February 16, 2019, a fire was reported on the 770-foot-long St.
The new coronavirus caused barely a blip in China's imports of major commodities, but this likely underscores the ways China differs from the rest of the world, rather than providing a template for the globe's recovery from the pandemic.China's crude oil imports in March, the month when much of the world's second-largest economy was in lockdown, were equivalent to 9.
A worker at the Bath Iron Works shipyard has tested positive for the novel coronavirus, the comany said.The individual was last at work on March 13, and other employees who have been in close contact with the worker will self quarintine at home for 14 days.As a defense shipbuilder
Shipbuilder Bath Iron Works (BIW) has officially started construction of the future USS Louis H. Wilson Jr. (DDG 126), the U.S. Navy announced. The new warship will be the first Arleigh Burke-class destroyer built in the Flight III configuration at BIW.The milestone was marked by a ceremony on Tuesday at General Dynamics BIW's structural fabrication facility in Brunswick, Maine.
New Jersey-based Rand Logistics announced it has entered into a stock purchase agreement to acquire rival Great Lakes shipping company American Steamship Company (ASC) from Chicago-based GATX Corporation for $260 million.Headquartered in upstate New York, ASC operates the Lakes' largest U.S.
All American Marine, Inc. (AAM) completed construction and launched an aluminum research and survey vessel for Duke University. The Duke University Marine Lab (DUML) is a hydrofoil-assisted catamaran from Teknicraft Design. Measuring 77 x 26.5 ft. the vessel is based on a pair of successful Teknicraft Design vessels AAM built for NOAA.
The UK’s new polar research ship is being formally named the RRS Sir David Attenborough today (Thursday, September 26) by the Duke and Duchess of Cambridge and special guest Sir David Attenborough will be in attendance. A three-day public celebration, hosted at the shipyard by British Antarctic Survey and Cammell Laird
International mining company BHP BHP floated a bulk carrier tender for LNG-fueled transport for up to 27 million tonnes of its iron ore.The Melbourne-based resource company said in a release that this is the world’s first bulk carrier tender for LNG-fueled iron ore vessel.The mining giant is considering LNG as a way to eliminate nitrogen oxide and sulfur oxide emissions by launching the world’s
China's two largest shipbuilders are planning to merge, their listed arms said in separate exchange filings on Monday, the latest to join a wave of mergers among state-owned enterprises as the government overhauls the sector.The move by China Shipbuilding Industry Corp (CSIC) and China State Shipbuilding Corp Ltd (CSSC)
China's iron ore futures extended gains on Friday after touching a record high in the previous session, as concerns persisted over tight supply amid declining shipment from Rio Tinto and expectations of strong demand.Mining giant Rio Tinto on Wednesday lowered its guidance on volumes of iron ore it expects to ship from the key Pilbara producing region in Australia for the third time since April.