Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division today authenticated the keel of the eighth U.S. Coast Guard National Security Cutter, Midgett (WMSL 757). “The National Security Cutter Program is vital to our Coast Guard…
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McDermott bags Middle East pipelay contract
McDermott International, Inc. (NYSE:MDR) announced today it was awarded an offshore pipelay contract in the Middle East. The pipelay contract, sizeable in value, includes the engineering, procurement and installation of two oil pipelines offshore.
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Halifax Port gears for busiest cruise season
The 2017 cruise season in Halifax will be the busiest to date. A record number of passenger visits and vessel calls will get underway on April 24, 2017 with the arrival of the Amadea, a Phoenix Reisen vessel. “We are very excited about the year ahead…
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Exercise Cutlass Express to Begin
Maritime forces from East Africa, West Indian Ocean nations, Europe and the United States, as well as several international organizations, will begin the sixth iteration of the annual multinational maritime exercise Cutlass Express, Jan. 31. Cutlass Ex...
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Shipping Industry in Quarter Of A Century!
Clarksons Research take a look back to 1992 and compare the shipping industry then to its profile today. Seaborne trade provides the platform upon which the shipping industry operates. Back in 1992 world seaborne trade stood at an estimated…
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OOIL Sales Up 10% to $1.3 bln
Orient Overseas (International) Ltd (OOIL) whose principal holding is its container unit OOCL, posted a 10.3% fourth quarter year-on-year revenue increase in 2016 to US$1.3 billion. The total volumes were 20.2% up from the same period last year. Loadab...
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NextDecade Takes Aim at Texas City for LNG Export
NextDecade LLC has signed lease agreements with the State of Texas and City of Texas City for a close to 1,000-acre site at Shoal Point for the potential development of a multi-billion dollar liquefied natural gas (LNG) export facility. Texas City owns almost 376 acres at Shoal Point…
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NASA unveils spaceship hatch 50 years after fatal Apollo 1 fire
CAPE CANAVERAL, Fla. (Reuters) - NASA on Friday marked the 50th anniversary of its moon program's fatal Apollo launchpad fire with the first public display of the scorched hatch that trapped three astronauts inside their spaceship during a routine pre-...
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Britain plan to leave Euratom could delay new nuclear build
LONDON (Reuters) - British plans to leave the European Atomic Energy Community (Euratom) when it exits the European Union could raise costs, delay new nuclear power projects and complicate research and international cooperation agreements, experts said...
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DNV GL to certify 50 IHMs for Norddeutsche Reederei
DNV GL and Norddeutsche Reederei H. Schuldt have signed a contract to carry out Inventory of Hazardous Materials (IHM) certifications for the shipping company’s managed fleet of more than 50 vessels. The first vessel to undergo sampling and…
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