The Supreme Court in the Philippines on Tuesday declared the country's 2005 energy exploration agreement with Chinese and Vietnamese firms was illegal, ruling that the constitution does not allow foreign entities to exploit natural resources.
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Satcom: Intellian expands XEO Series
Intellian expanded its XEO Series, a Ku/Ka electronically switching dual-band multi-orbit VSAT antennas, with the addition of the X100D and X150D. The XEO Series were first unveiled in March 2022 at the Satellite Show, leading to Intellian’s design of ...
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Tech File: Repower After Layup at the Thai Marine Department
A well-built, modern vessel can be expected to outlive her original engines. The challenge for those representing the owners, is to choose new engines that match or exceed the capabilities of the original power. Consideration will be given to replicas ...
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Oil Tanker Groups Frontline and Euronav Scrap $4.2 Billion Merger
Oil tanker company Frontline said on Monday a $4.2 billion deal to merge with rival Euronav NV was terminated, a combination which would have created the world's largest publicly listed tanker company.Frontline will not make a voluntary conditional…
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Kiewit Corporation Acquires Weeks Marine
Omaha-headquartered construction company Kiewit Corporation on January 1, 2023 completed its acquisition of Cranford, N.J.-based marine construction and dredging contractor Weeks Marine and its subsidiaries for an undisclosed amount.Weeks Marine and it...
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EU Regulators to Rule on Viasat’s Inmarsat Takeover by Feb. 13
EU antitrust regulators will decide by Feb. 13 whether to clear U.S.
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Some Ocean Shipping Rates Collapsing, but Real Price Relief is Months Away
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry experts said.Spot rates, which cover anywhere…
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ABS and HD Hyundai to Continue Work on Autonomous Projects
ABS and HD Hyundai signed a memorandum of understanding (MoU) to continue working together on marine autonomy projects. Building on shared efforts to expand the development of autonomous navigation technology into critical vessel machinery and safety s...
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Ingalls Awarded Advanced Planning Contract for Zumwalt-Class Ships
HII announced its Ingalls Shipbuilding division was awarded a $10.5 million contract for the modernization period planning of Zumwalt-class guided missile destroyers, USS Zumwalt (DDG 1000) and USS Michael Monsoor (DDG 1001).Zumwalt-class destroyers…
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Fairbanks Morse Defense Launches Its First High-speed Engine
Fairbanks Morse Defense (FMD) is expanding its naval defense capabilities by offering the nForcer FM 175D engine, the defense contractor's first engine designed for high-speed applications. With more power density than competing high-speed engines in t...
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