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Aker Philly looks for $100 million in debt financing

AUGUST 14, 2014 — Aker Philadelphia Shipyard ASA says it “has decided to investigate various possibilities for debt financing in the international capital markets as additional financing sources for up to $100

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AMSEC wins two Navy contracts

AUGUST 13, 2014 — Huntington Ingalls Industries (NYSE:HII) reports that its AMSEC LLC subsidiary has been awarded two contracts in support of the United States Navy. Naval Sea Systems Command in Washington,

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Bangladesh shipbuilder lays keel of OPV for Kenya

AUGUST 13, 2014 — Western Marine Shipyard, Bangladesh, has kicked off construction of a 55 m offshore patrol vessel worth $20 million with a keel laying ceremony presided over by Shipping Minister

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Coast Guard responds to multiple vessel collision

AUGUST 13, 2014 —  Coast Guard Sector New Orleans is investigating a multiple vessel collision on the Mississippi River, near the Gretna ferry landing, early Wednesday. Watchstanders received a report, late Tuesday

FMT orders another towboat at Eastern Shipbuilding

AUGUST 12, 2014—The long-standing relationship between Florida Marine Transporters, Inc., Mandeville, LA, and Eastern Shipbuilding Group, Panama City, FL,  keeps growing. FMT, Mandeville, LA, recently exercised an option for a 90 ft

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BAE Systems awarded contract for U.K. OPV trio

AUGUST 12, 2014 — BAE Systems reports that it has been been awarded a £348 million (about $584 million) contract by the U.K. Ministry of Defence to construct three new Offshore Patrol