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Hyundai Heavy Industries in Talks to Buy DSME

Hyundai Heavy Industries (HHI) has reportedly expressed interest in taking over state-owned Daewoo Shipbuilding and Marine Engineering

Rolls-Royce sells rights to dynamic positioning product to US firm

Rolls-Royce Commercial Marine has agreed to sell its dynamic positioning (DP) product to US-based thruster manufacturer Thrustmaster of Texas, Inc.

Philippines Considers Buying HHIC-Phil Shipyard

The government of the Philippines may acquire Hanjin Heavy Industries and Construction-Philippines (HHIC-Phil)

Hellas and Piraeus Still at the Heart of DNV GL’s Operations

On Friday the 11th of January 2019, the annual DNV GL’s Press Conference took place in the company’s offices in Piraeus

Divesting Kongsberg Evotec to meet regulatory requirements

As a result of the acquisition of Rolls-Royce Commercial Marine, Kongsberg Gruppen has entered into an agreement with Rome AS to divest Kongsberg Evotec.

Bankrupt Hanjin Philippine yard draws Chinese interest

The recent insolvency of the Philippine yard of South Korea’s Hanjin Heavy Industries & Construction (HHIC) has stirred interests of investment from Chinese

SCA: signing a partnership agreement with DP soon for the establishment of International Sukhna Co.

Mohab Mameesh, head of SC authority and of SC Economic Zone has announced the Zone signing a partnership agreement with Dubai Ports

Bourbon: General waiver renewal with lenders

Bourbon announces having renewed the general waiver with its leasers and debt holders representing the majority of the group’s debt

The Snam, Enagás, Fluxys consortium completes acquisition of 66% of DESFA

The consortium consisting of Snam (60%), Enagás (20%) and Fluxys (20%) has completed the acquisition of a 66% stake in DESFA

Rosetti Marino Withdraws from Heerema Deal

Italy's Rosetti Marino has withdrawn its offer to buy Heerema Fabrication Group’s (HFG) Zwijndrecht facility in the Netherlands, with HFG confirming the yard is to close.

SEACOR Marine forms new JV in Brazil to acquire UP Offshore

SEACOR Marine Holdings Inc. announced the acquisition of UP Offshore Ltd. by a new joint venture company

Positive outlook for LNG Shipping

The LNG shipping market is expected to enjoy a positive foreseeable outlook with demand on the rise on the back of a global thirst for cleaner fuels

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