NNS Awarded Carrier Construction Preparation Contract
Huntington Ingalls Industries' Newport News Shipbuilding Division receives a $407 million contract extension to a previously awarded John F. Kennedy (CVN 79) contract. The award of the contract extends the period of performance, adds additional efforts for engineering, planning and material procurement through Oct. 31, and authorizes additional manufacturing efforts. NNS is performing work on CVN 79 under a construction preparation contract that allows for engineering…
Bahri Scraps Old Stager Cargo Ship
The National Shipping Company of Saudi Arabia (Bahri) sells 'Saudi Diriyah' for recycling. The sale of the general purpose cargo vessel raised the sum of SAR. 30,257,136 generating a net gain of SAR 19,523,391 after deducting its book value and all expenses associated with the sale. Bahri mention that they had previously announced the signing of six ship building contracts to acquire six new general cargo vessels to replace the older fleet in this sector which have completed their useful life.
'The Business of Shipping': Upcoming Dubai Training Course
The Cambridge Academy of Transport's 4-day course aims to provide an overview of the whole shipping business from A to Z. Being an expert in one field is no longer…