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Eqlipse Announces New Senior Vice President of Integration and Operations, ...

Eqlipse Announces New Senior Vice President of Integration and Operations, . ....

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Miller Canfield's Aerospace Luncheon to Discuss M&A in A&D Market

A practical discussion on how to conduct effective pre- and post-acquisition due diligence and timely integration and how to detect and address issues arising under the US FCPA and foreign anti-corruption laws during a pandemic. ....

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Work at a Virginia shipyard is all in the family

Work at a Virginia shipyard is all in the family
DAVE RESS, Daily Press
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NEWPORT NEWS, Va. (AP) Olivia Neville still remembers the time her father, Richard, was in the kitchen wrestling with the lid of a spice container when:
“All of a sudden, he said, ‘I’ve got an idea for work,’ and picked up the phone to call it in,” she said.
While the Newport News Shipbuilding engineer can’t always talk much about what he does although the family enjoys tales of trips to the Bahamas and Alaska to work on ships Olivia says it’s hard to miss his enthusiasm for what he does. ....

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Work at Newport News shipyard is all in the family for one Huntington Ingalls scholarship recipient

Huntington Ingalls Industries' Scholarship Fund has helped three from Newport News Shipbuilding test engineer Richard Neville's family go to college now the latest, Olivia, is returning the favor by joining the yard. ....

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Shipbuilders face tougher design requirements and smaller orderbook

Speaking at the Shipbuilding Market Outlook session at the Sea Asia Virtual Preview, Gu Hai, vice president, Singapore Innovation and Research Center, ABS said that when the pandemic hit, the orderbook for newbuild vessels over 2,000 dwt was at a 30-year low.
The orderbook at the start of 2021 stood at 8% of the world fleet in gross tonnage terms, down from 52% at its peak in 2008. Over the same period, the number of active yards fell from 930 to 391.
“We had a good start this year with 169 new orders by the end of March, and a Clarksons projection of about 1,100 new orders this year. There’s some good news,” said Gu. Tightening regulation such as EEXI and CII create replacement pressure on the fleet which will support the orderbook in the longer term, he added. ....

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