American Superconductor

Vigor Marine has been awarded a $133,406,869 firm-fixed-price contract to prepare for and accomplish repair and alteration requirements for USS McCampbell (DDG 85) chief of naval operations scheduled depot maintenance availability. The contract includes options which, if exercised, will bring the cumulative value of this contract to $155,621,173.The Arleigh Burke-class guided-missile destroyer departed Fleet Activities Yokosuka, Japan on July 2, and is currently is en route to Vigor's Portland, Ore. shipyard, where she will undergo her midlife modernization. Work is expected to be completed by November 2021.

Canadian shipbuilder Seaspan Shipyards on Friday launched the final ship in a series of three Offshore Fisheries Science Vessel (OFSV) for the Canadian Coast Guard.The 63.4-meter CCGS John Cabot will next undergo sea trials before its delivery to the Coast Guard later this summer. The vessel will be based in St. John’s, Newfoundland and Labrador.CCGS John Cabot and previously delivered sister ships, CCGS Sir John Franklin, now stationed in Victoria, British Columbia, and CCGS Capt Jacques Cartier, stationed in Dartmouth, Nova Scotia, are the first class of ships built under the National Shipbuilding Strategy (NSS)

Cruise industry rivals are teaming up in an effort to sail again.On Monday, Royal Caribbean Group and Norwegian Cruise Line Holdings Ltd announced a joint task force to help develop safety standards for restarting their businesses during the coronavirus pandemic.The “Healthy Sail Panel,” co-chaired by former Utah Governor Mike Leavitt and former U.S. Food and Drug Administration Commissioner Scott Gottlieb, is advising the companies on restart plans they will submit to the U.S. Centers for Disease Control and Prevention (CDC) and other regulators at the end of August. The panel plans to share its findings with the entire cruise industry and regulators.

The United States' largest dredging services provider Great Lakes Dredge & Dock Corporation on Monday reported the receipt of several dredging awards totaling $51.1 million.The awarded work includes:CPRA Cameron Meadows Marsh Creation Project (Coastal Protection, Louisiana, $28.6 million)Oak Island Beach Project (Coastal Protection, North Carolina, $15.4 million)New York and New Jersey Harbor, Port Jersey Channel Maintenance Dredging Federal Navigation Project (Maintenance, New Jersey, $4.2 million)Jacksonville Harbor Maintenance Dredging  Project (Maintenance, Florida, $2.

Norwegian shipping company Klaveness Combination Carriers (KCC) said it has secured a $60 million sustainability-linked term loan and revolving credit facility for the financing of the seventh and eighth CLEANBU vessels with delivery in 2021, reportedly a first within the maritime industry. Nordea is acting as coordinator and bookrunner and Credit Agricole CIB as sustainability agent.The credit margin will be adjusted, up or down, based on KCC’s sustainability performance, as defined by the company’s ability to meet its goal of reducing CO2 emissions per ton of transported cargo per nautical mile (EEOI) and reducing absolute CO2 emissions per vessel.