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Rotterdam-based Fairplay BV, a company in the Hamburg-based Fairplay Towage Group, has completed the take-over of the Polish towage provider WUZ Shipping and Port Services Gdynia Co. Ltd., previously owned by the Port Authority of Gdynia.WUZ was established in the early 1930's and today is involved in a number of maritime activities such as harbor-and coastal-towages, ...

According to media reports, South Korean shipbuilding giant Hyundai Heavy Industries Co. has no plans to build a multibillion dollar shipyard in Brass, Nigeria.Yesterday, the office of Nigerian President Goodluck Jonathan issued a release following a meeting with Mr. Jai-Seong Lee, the President and Chief Executive Officer of Hyundai Heavy Industries. of South Korea, at ...

Imtech N.V. reports that it has acquired Canada's Groupe Techsol Marine. It says that this means that Imtech has now a high-tech marine production site available in Canada and also strengthens Imtech's service and maintenance foothold in North-America. Imtech Marine is a leading international full-service provider and system integrator of tailor-made, innovativ ...

Bridgestone Corporation has agreed to plead guilty and to pay a $28 million criminal fine for its role in conspiracies to rig bids and to make corrupt payments to foreign government officials in Latin America related to the sale of marine hose and other industrial products manufactured by the company and sold throughout the world, according to Acting Assistant Attorney General Sharis A. Poz ...

General Dynamics Bath Iron Works shipyard, Bath, Maine, is being awarded a $1,825,665,914 fixed-price-incentive contract for the construction of Zumwalt-class destroyers DDG 1001 and DDG 1002. The contract includes options, which, if exercised, would bring its cumulative value to $2,002,000,000. The ships are the second and third of the Zumwalt-class program. Work ...

Huntington Ingalls Industries, Inc. (NYSE:HII) reports that its Newport News Shipbuilding division placed an 825-ton superlift on the aircraft carrier Gerald R. Ford (CVN 78) on September 12, completing the ship's stern.Gerald R. Ford is being built using modular construction, a process where smaller sections of the ship are welded together to form large str ...

In August, employees of Germany's Blohm + Voss, learned that parent ThyssenKrupp was negotiating the sale of the Hamburg shipbuilder's civilian assets to a British investor (see earlier story).Now, though, comes news of an offer that could k ...

VT Halter Marine, Inc. reports the delivery of Endurance, the second of two 8,000 hp Articulated Tug Barge (ATB) tugs to Overseas Shipholding Group, Inc. (NYSE: OSG).This is part of a contract that VT Halter Marine signed with OSG in April 2010 to complete two tugs over 16 months at the Moss Point Marine shipyard. The first tug, Courageous, was delivered by the shipbuilder Jun ...

Sliedrecht, The Netherlands, headquartered IHC Merwede has entered the international rental market with its standard IHC Beaver(R) dredges and DMC work boats. The company has identified a demand in the market for vessels and equipment that may only be used for a relatively short period of time. In August, the first dredge in the rental program  -  an IHC Bea ...

Austal USA 's Mobile, Alabama, shipyard recently celebrated the successful launching of the Department of Defense's first-of-class Joint High Speed Vessel, Spearhead.Christening ceremonies are set for Saturday. The ship's sponsor, retired Army Chief Warrant Officer Kenneth Wahlman, will be assisted by his daughter, Catherine, a staff sergeant in the Army Reserve Offi ...