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Contracts

US Navy Awards $78M Submarine Procurement Contract

General Dynamics has been awarded the Virginia-class submarine procurement contract by the US Navy The U.S. Navy has awarded General Dynamics Electric Boat a $78 million contract to buy long lead-time material for the…

Contracts

ABB Wins Long-Term Service Contract From Carnival

Zurich, Switzerland – ABB has won a long-term service contract from Carnival Corporation to maintain and upgrade ABB’s Azipod equipment over the next 15 years for 20 ships in their fleet, cutting costs by as much as $1…

Contracts

Cosco Signs $150m Shipbuilding Contract

Cosco Corp. announced that it s Cosco Shipyard Group signed a $150m contract with a European shipowner to build a vessel specially designed for the purpose installation of offshore wind turbines. The company said that…