Sen. Lott's Allegiance Lies Within Northrop Grumman
Senate Majority Leader Trent Lott, (R-Miss.), is lobbying the Pentagon to accept Northrop Grumman Corp.'s bid for Newport News Shipbuilding over a competing proposal from General Dynamics Corp.…
General Dynamics Continues Pursuit of Newport News Shipbuilding
Defense contractor General Dynamics said on Thursday that it had notified the U.S. Department of Justice and the Federal Trade Commission of its intent to acquire…
Illegal Dumping Taints Norwegian's Sky
One of the first cruise ships to visit southeast Alaskan ports this season was cited for illegally dumping concentrated sewage into the scenic Inside Passage, the U.S. Coast Guard said on Thursday.
Hyundai Heavy Reports 1Q Loss
South Korea's Hyundai Heavy Industries, the largest shipbuilder in the world, reported a first-quarter loss on Friday after it was hit by losses at sister firm Hyundai Petrochemical.
Did Gas Turbine Problems Contribute to Alstom's Profit Decline?
Markets will be keen for signs that French energy and transport company Alstom has improved margins and resolved problems with its heavy duty gas turbines when it reports full-year results on Tuesday.
Osprey to be De-listed from Singapore Exchange
Marine and chartering services provider Osprey Maritime Ltd said on Friday it will be de-listed from the Singapore Exchange on May 15 following its acquisition by…
Russia to Raise Doomed Kursk Submarine
Russia said it will announce final plans next week to raise the Kursk submarine, which sunk last year with 118 crew on board, a senior cabinet minister said on Friday.
Rolls-Royce to Supply Podded Propulsion, Deck Machinery for QM2
Rolls-Royce has won two new contracts to supply podded propulsion systems and deck machinery for Queen Mary 2, the new luxury cruise liner to be built for Cunard…
