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India's Pipavav Defence and Offshore Engineering (formerly Pipavav Shipyard Ltd.) is to build warships for the Indian Navy. The news comes less than a month after the shipbuilder announced plans to convert its second wet basin into a dry dock in order to enhance its defense market capabilities (see ...

Technip (NYSE EURONEXT PARIS:TEC) has announced an agreement to acquire the entire share capital of Global Industries (NASDAQ: GLBL) and reinforce its leadership in the fast-growing subsea segment of oil services. The two companies have entered into a definitive merger agreement whereby Technip will pay US$8.00 per Global Industries share. The transaction values Global Industrie ...

The U.S. Coast Guard has awarded Huntington Ingalls Industries a contract worth approximately $482 million for the production of the fifth National Security Cutter (WMSL 754).Construction of the ship, to be named James, is scheduled to begin this spring at the Ingalls Shipbuilding shipyard in Pascagoula, Miss. following prefabrication.Captain Joshua James, the namesake ...

Australian renewable-energy marine technology company SolarSailor and Carrington, New South Wales, headquartered shipbuilder Forgacs Engineering Pty Ltd. are to market, prototype, and build wind and solar powered Unmanned Ocean Vessels.A license agreement between the two companies combines SolarSailor's patented Unmanned Ocean Vessel (UOV) technology with Forgacs' tr ...

Scott Bergeron has been appointed Chief Executive Officer of the Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the Liberian Registry.Mr. Bergeron joined LISCR in 2000 as Chief Operating Officer. Prior to that, he developed a wide range of experience in the shipping industry, working for shipowner/manager Laurin Maritime ...

Uniteam Marine Shipping GmbH, a German corporation, was sentenced in federal court in San Juan, Puerto Rico, for violating the Act to Prevent Pollution from Ships (APPS) and making false statements to the U.S. Coast Guard, announced Assistant Attorney General Ignacia S. Moreno and U.S. Attorney Rosa Emilia Rodriguez-Velez.The company was sentenced to pay an $800,000 criminal pen ...

Singapore's Otto Marine Limited reports that it has  secured newbuilding orders worth $38.5 million each for two 12,000 bhp AHTS vessels. The orders have been placed by Go Marine Group Pty Ltd., an Australian-incorporated provider of offshore and inshore marine services to the oil and gas industry.Go Marine, in which Otto Marine has a 19 per cent equity interest, ...

The Round Table of International Shipping Associations wants to see shipping protected from Somali pirates by armed guards - provided by the United Nations.The Round Table  (International Chamber of Shipping (ICS), BIMCO, INTERTANKO and INTERCARGO) has written IMO Secretary General Ban Ki Moon asking for a "bold new strategy" to curb rising level ...

STX Finland Oy and Norway's Eide Marine Semi AS, a subsidiary of Eide Marine Services A/S, have signed a contract worth more than EUR 300 million for the outfitting, completion and delivery of two highly sophisticated well intervention vessels .In December last year, Lupatech SA of Brazil announced that it had signed contracts worth $899 million with Eide Marine ...

Wärtsilä has released more details of its recent Joint Cooperation Agreement with Shell Oil Company, aimed at promoting and accelerating the use of liquefied natural gas (LNG) as a marine fuel (see earlier story). The agreement was signed in Augus ...