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The Canadian government on Friday said Lockheed Martin Corp would be given first chance to bid on a contract to design 15 warships that will end up costing Canada around C$60 billion ($46 billion).The ministries of procurement and defense said Ottawa and Irving Shipbuilding…
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The St. Lawrence Seaway Management Corporation (SLSMC) has announced that its unionized employees, members of UNIFOR, ratified a three-year labor agreement covering the period of April 1, 2018 to March 31, 2021.Terence Bowles, President and CEO of the SLSMC…
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Britain's flagship aircraft carrier HMS Queen Elizabeth arrives in New York City on its first ever visit to the United States.
The lb3.1 billion ship will be in the city for a week and is set to dock two miles from Manhattan on the Hudson River. More than 1,000 personnel arrived on board. -
In an unexpected reversal, it has been reported that the Houston Pilots yesterday notified Chairman Janiece Longoria of the Port of Houston Authority that they had withdrawn their latest application for a change in pilotage rates. Beyond this…
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Some of France's spectacular Riviera beaches have been shut as volunteers with shovels and sacks try to rid the coastline of a thick oily residue that washed ashore after two ships collided off Corsica earlier in October.The clean-up operation…
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Germany's No.2 lender DZ Bank is finalizing the sale of parts of its troubled transport financing division DVB Bank months after struggling to sell the whole business, two sources familiar with the matter said.DZ Bank has had to make large provisions for bad loans in shipping finance…
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Chinese gas distributor ENN Energy Holdings has begun operations at the first phase of its Zhoushan liquefied natural gas (LNG) import terminal, Vice President Ma Shenyuan said, speaking at a commencement ceremony for the terminal on Friday.As ENN aims to ramp up winter supplies in eastern China…
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Security guards aboard a Hong Kong-flagged cargo ship repelled an attack by pirates in a gunbattle off Somalia's coast this week, the European naval force in the region said on Friday.It was only the second reported attempt by Somali pirates to seize a commercial ship this year…
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The U.S. Navy has awarded Austal an undefinitized contract action (UCA), valued at $57.8 million, to fund the acquisition of long lead-time material (LLTM) and production engineering associated with the construction of a 103-meter Expeditionary…
