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Ingalls Wins $936 Mln Contract to Build US Navy Destroyer

Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has been awarded a $936 million contract for the construction of an additional Arleigh Burke-class (DDG 51) Flight III destroyer for the U.S. Navy. In 2018, Ingalls was awarded a $5.1 billion fixed-price incentive,

Full scale ammonia engine tests to begin in 2021

Project leaders Egil Hystad (left) and Kjell Storelid (right) of Wärtsilä flank Willy Wågen of the Sustainable Energy Catapult Centre at its test facility at Stord, Norway. Wärtsilä is to begin long term, full-scale, testing of ammonia as a fuel from

Indian Port sector to witness 5-8 pc cargo volume contraction due to COVID-19 in FY21: Report

The Indian port sector has been adversely impacted due to the COVID-19 pandemic and the subsequent lockdown, and it is likely to witness 5-8 per cent contraction in cargo volumes, rating agency ICRA said. Although the sector has been classified under