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Shipbuilding

Second JHSV Completes Builder's Trials

Joint High Speed Vessel (JHSV) 2, the future 'USNS Choctaw County', successfully comes through Austal USA's sea trials. Builder's trials are a significant step in the construction and delivery of a ship to the fleet and…

Shipbuilding

Shipbuilding Capacity: Still Too High

In a market where shipbuilders are forced to accept new contracts below cost levels, a significant share of the building capacity has been withdrawn or removed. Jørn Bakkelund of RS Platou, ship brokers and investment…