According to a Nov. 5 report from Bloomberg, Northrop Grumman Corp. told private- equity firms it is scrapping a plan to sell its shipbuilding business and will instead pursue a spinoff of the unit, three people with knowledge of the matter said.
(Source: Bloomberg)
Seatrium delivered FREDERICK PAUP to Manson Construction Co. Built at Seatrium’s Brownsville Texas yard, the Jones Act-compliant…
The CMA CGM Group recently received its 400th owned vessel, the CMA CGM Monte Cristo, the first in a series of six methanol…
Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard…
On Monday, January 19, 2026, production of the fifth vessel in the Icon Class began at the Meyer Turku shipyard. The ceremonial…
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