KONGSBERG (OSE: KOG) says it has delivered strong revenue growth with an increase of 28 per cent compared to Q1 2024. The results in Q1 confirm our strong position and the order backlog increased to NOK 134 billion. The profitability shows that KONGSBERG is well positioned in a rapidly changing world. Well-positioned across vessel segments… Read More
USA has capacity to utilize any of its 19 strategically located shipyards and 14 fabrication facilities across Louisiana, Mississippi and Florida to optimize labor resources and accelerate project timelines USA responds to Arctic Security Cutter RFI with a 33-month contract award-to-delivery timeline utilizing a commercial vessel construction for national security purpose model WASHINGTON, D.C. –… Read More
NEW YORK– International Seaways, Inc. (NYSE: INSW) (the “Company,” “Seaways,” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the first quarter 2025. HIGHLIGHTS & RECENT DEVELOPMENTS Quarterly Results: Net income for the first quarter of 2025 was $50 million, or… Read More
Theodore, Ala. – Silver Ships has received a Governor’s Trade Excellence Award, which recognizes and promotes Alabama’s successful and innovative exporters whose global achievements elevate Alabama’s economy and embody the “Made in Alabama” brand. The recognition aligns with World Trade Month, celebrated each May in the United States to recognize the importance of exporting and encourage businesses… Read More
Damen Shipyards Group, together with partners including Atal Solutions has completed its retrofit of four bulk carriers Damen Shipyards Group, together with partners including Atal Solutions has completed its retrofit of four bulk carriers for BAM Shipping. The project has involved the integration of a series of efficiency boosting technologies and is expected to lower… Read More
