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Hempel awarded Growth Excellence Leadership Award

September 6, 2013—Global research organization, Frost & Sullivan, has recognized Hempel with the 2013 Growth Excellence Leadership award for its continued growth while overcoming the challenges of the protective and marine coatings

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Top Ships sells fleet, plans to buy a new one

SEPTEMBER 6, 2013 — Athens, Greece, headquartered TOP Ships Inc. reports that it has entered into three Stock Purchase Agreements with an affiliate of the AMCI Poseidon investment fund that will see

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GAO report raises questions about CVN 78 delays

SEPTEMBER 6, 2013 — The GAO released a report yesterday that says that the Navy faces technical, design, and construction challenges to completing the nuclear aircraft carrier Gerald R. Ford (CVN 78)

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Caterpillar closes Berg Propulsion acquisition

SEPTEMBER 6, 2013 — Caterpillar Marine reports that its acquisition of Johan Walter Berg AB has successfully closed, enabling it to now offer complete propulsion systems to the commercial marine market. Headquartered

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Port of Houston christens new fireboat

SEPTEMBER 6, 2013 — The Port of Houston Authority has formally welcomed the first of a new fleet of high-performance emergency response vessels. The new vessel was christened in festivities that included

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Shipping industry wants action on container weights

SEPTEMBER 5, 2013 — Many observers feel that misdeclared container weights likely played a role in the recent breaking in two of the five-year old containership MOL Comfort. Now the shipping industry

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Otto Marine to name second 24,000 bhp AHTS

SEPTEMBER 5, 2013 — Singapore’s Otto Marine is to hold a naming ceremony tomorrow to celebrate completion of Go Phoenix, the second of four 24,000bhp AHTS  being built at its Batam, Indonesia,