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Sinopacific busy on first Chinese-designed export OSV

China’s Sinopacific Shipbuilding Group is busy on a series of offshore vessels for delivery to Paris-headquartered Bourbon under a $1billion framework agreement signed in June, 2010. Significantly, production includes the first Chinese-designed

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Eniram and ABB ink agreement on Azipod optimization

Eniram Ltd. has announced an agreement with ABB to integrate Eniram pod optimization technology into the ABB Azipod poddedpropulsion system for newbuild vessels as well as retrofit projects. The dynamic pod optimization,

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Todd won’t extend search for alternate purchaser

Todd Shipyards Corporation (NYSE: TOD), which has signed a merger agreement with a subsidiary of Vigor Industrial LLC, today said it had not exercised an option to extend the “go shop” period

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Plea for more naval assets to counter pirates

Four leading shipping organizations today congratulated the governments of Korea and Malaysia for recent counter piracy rescues, but called for more naval assets to be deployed against pirates. BIMCO, the International Chamber

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Northrop Grumman names Shipbuilding sector VP

  A former staffer for U.S. Senator Trent Lott has been named by Northrop Grumman Corporation (NYSE:NOC) to the position of vice president, government and customer relations at its Shipbuilding sector. In

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AHL tanker project assets go on auction block

An ambitious attempt to build Jones Act products tankers using a “virtual shipyard” approach is drawing to a sad conclusion. By order of the U.S. Bankruptcy Court, Eastern District of Louisiana, Myron