The Venezuela's navy on Saturday "intercepted" a ship exploring for oil on behalf of Exxon Mobil Corp. in Guyanese waters, neighboring Guyana's foreign ministry said in a statement, in the latest incident in a century-old border dispute.A series…
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UK Special Forces Move to Retake Hijacked Ship
An operation led by British navy special forces is under way to retake control of an Italian cargo ship off the English coast after stowaways threatened crew members on Friday, the political editor of The Sun newspaper said, Reuters reported.Police sai...
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Shipbuilding: New 110m Catamaran Named Saint John Paul II
Shipbuilder Incat has launched the 110m vehicle / passenger ferry from the shipyard at Derwent Park in Hobart Tasmania. The ship will commence sea trials in mid January prior to delivery to her new owner Virtu Ferries for service between Malta…
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Ingalls Shipbuilding: $930M Contract for Pair of USCG Ships
Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division has received two fixed-price incentive contracts from the U.S. Coast Guard to build two additional National Security Cutters for the U.S. Coast Guard. The contract values…
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Bath Iron Works Wins Contract for Fifth DDG 51 Destroyer
The U.S. Navy has awarded General Dynamics Bath Iron Works a contract to build a fifth DDG 51 destroyer as part of the multi-year award announced in September. General Dynamics Bath Iron Works is a business unit of General Dynamics (NYSE: GD).In the mo...
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Spacex halts launch of U.S. military satellite due to winds
Elon Musk's SpaceX scrapped Saturday's launch of a long-delayed navigation satellite for the U.S. military due to strong upper level winds.
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Fincantieri Bay Shipbuilding Delivers Kirby ATB
Fincantieri Bay Shipbuilding delivered an Articulated Tug Barge Unit (ATB) to Kirby Corporation (NYSE: KEX). “This is the third 155,000 barrel ATB it has built for Kirby in the past three years," said Kirby CEO David Grzebinski. "This new Jones…
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Turkish Fleet to Upgrade with Alfa Laval’s PureBallast 3
Advantage Tankers & Advantage Products (with Genel Denizcilik acting as the technical management company), have selected Alfa Laval PureBallast 3 for ballast water treatment throughout their combined fleet. The recently signed fleet agreement covers a ...
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KML Plays Key Role in Rescue of Stricken Russian Ship
Marine contractors, Keynvor Morlift (KML), played a significant role on Tuesday in saving the Russian ship, ‘Kuzma Minin’, which ran aground just off Gyllyngvase Beach in Falmouth.KML’s large all weather commercial Rigid Inflatable Boat (RIB)…
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FSRU Suppliers Shift from Emerging Markets, Cut Back New Orders
Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets.Liquefied natural gas (LNG) demand from em...
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