The State of U.S. Shipbuilding
Feb14

The State of U.S. Shipbuilding

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AAPA ‘encouraged’ by US infrastructure plan
Feb06

AAPA ‘encouraged’ by US infrastructure plan

The American Association of Port Authorities (AAPA) is said to be encouraged by the recent release of the infrastructure investment outline by Senate Minority Leader Chuck Schumer (D-NY) and Senate Democrats. This is said to be due to the outlines’ the recognition that ports and waterways play a vital role in the nation’s economy, jobs and supply chain. “Coupled with President Trump’s stated intention to make major improvements in...

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Chinese Shipbuilder Boosts Deep-Sea Exploration Capabilities
Feb03

Chinese Shipbuilder Boosts Deep-Sea Exploration Capabilities

China Shipbuilding Industry Corp (CSIC) is almost done building a new cost-efficient manned submersible that could reach the majority of seabeds in the world. The development of deep-sea manned submersibles for rough seas would be one of CSIC’s priorities in 2017. The vessel, now under final assembly and testing phase, will be equipped with five observation windows and three seats. CSIC also led the development of Jiaolong, China’s...

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Protection Vessels International: Weekly Maritime Security Report
Feb02

Protection Vessels International: Weekly Maritime Security Report

Southeast Asia Philippines: Three fishermen missing, presumed kidnapped in Sulu Sea 20 January Three Indonesian fishermen have gone missing in the Sulu Sea off the southern Philippines. Multiple sources indicated the men, who went missing on 18 January, were kidnapped by the Abu Sayyaf Group, which has targeted maritime vessels in waters between Malaysia, Indonesia and the Philippines since 2016. PGI Analysis: It is likely the...

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Expect ‘3 R’s’ in Oil & Gas in 2017: More Restructurings, More Realignment, Some Rebuilding
Feb01

Expect ‘3 R’s’ in Oil & Gas in 2017: More Restructurings, More Realignment, Some Rebuilding

Though the overall outlook for the oil and gas industry doesn’t seem to be quite as dire as it was a year ago, 2017 is likely to be a year of “3 R’s” for industry players — a year of more restructurings, more realignment via mergers and acquisitions, and, for some players that take the right actions, finally a year of rebuilding. That’s according to a new study released today by AlixPartners, the global business-advisory firm. The...

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