By Wilfried Eckl-Dorna Nov 15, 2024 (Bloomberg) –Thyssenkrupp AG is planning an initial public offering of its naval shipbuilding unit within a year after plans to sell a majority stake to…
https://gcaptain.com/thyssenkrupp-plans-marine-ipo-within-a-year-division-head-says/
by Pratyush Thakur (Reuters) – The largest U.S. military shipbuilder Huntington Ingalls $HII on Thursday cut its 2024 shipbuilding revenue due to uncertainty in navy agreements, supply chain issues and labor shortages, sending its shares down….
https://gcaptain.com/shipbuilding-giants-revenue-hit-by-us-navy-uncertainty/
Faulty welds on U.S. Navy nuclear submarines and aircraft carriers have ignited a firestorm on Capitol Hill, but this isn’t just a case of shoddy workmanship it was intentional. The…
https://gcaptain.com/did-sabotage-stall-the-navys-newest-nuclear-aircraft-carrier/
Russia’s invasion of Ukraine continues to have repercussions in the Baltic. Already, Finland and Sweden have sought to join NATO. Now, long-time NATO member Denmark is planning to invest up to DKK 40 billion (about $5.4 billion) in naval shipbuilding and new warships.
“With Russia’s attack on Ukraine and the new European security situation, it is more important than ever that Denmark is able to defend itself. Here, security of supply plays a decisive role. It is crucial that the armed forces can...
https://www.marinelog.com/shipbuilding/denmark-eyes-5-4-billion-return-to-naval-shipbuilding/
Bureau Veritas opens new laboratory in South Australia
This dedicated capability supports the development of the Australian Commonwealth’s Industry Capability and Sovereign Shipbuilding Programs
Paris La Défense, 18 March 2021 – Bureau Veritas, a world leader in testing, inspection, and certification (TIC), has celebrated the opening of a new laboratory and testing facility in Regency Park close to Port Adelaide, the hub for Australian naval shipbuilding in South Australia. The facility was...
https://allaboutshipping.co.uk/2021/05/18/bureau-veritas-opens-new-laboratory-in-south-australia/
Italian shipbuilding group Fincantieri has landed a cooperation agreement with the leading shipbuilder in India to help modernize the country’s defense fleet. The Memorandum of Understanding with Cochin Shipyard Limited establishes a framework for cooperation in areas ranging from design,...