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Apr 25, 2001
The U.S. decision to help Taiwan buy eight diesel submarines will be a boon to the island's navy, enabling it to break any naval blockade imposed by its communist rival China.
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Apr 25, 2001
An Indian-registered vessel that ran aground west of Melbourne in stormy weather last weekend was refloated on Wednesday, Australian maritime officials said. The 50,
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Apr 25, 2001
The European Union is proposing to subsidize its embattled shipyards in a long-standing dispute over what it views as unfair competition from South Korea. The EU
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Apr 25, 2001
American Superconductor Corporation received a third contract valued at $3.1 million from the
U.S. Navy's Office of Naval Research (ONR) to continue the design
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Apr 25, 2001
Bureau Veritas expects demand for container slots to double over the next decade, making current post-panamax containerships too small. Working with Knud E Hansen,
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Apr 25, 2001
Senior naval officers and government officials will recognize the career of Dr. William B. Morgan in a 10:00 a.m. naming ceremony April 27 at the U.S. Navy's Large Cavitation Channel (LCC).
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Apr 25, 2001
Norwegian shipping group Leif Hoegh forecast higher operating profit in 2001, helped by a larger RoRo vehicle transport fleet, after a smaller-than-expected 59 percent jump in the first quarter.
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Apr 25, 2001
The U.S. will become more dependent on tanker-borne petroleum imports in coming years, coinciding with a ship shortage which will push freight costs sharply higher,
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Apr 25, 2001
Aker Maritime opposes a proposed new board for Kvaerner, where Aker owns 17.8 percent. "Aker Maritime has asked Kvaerner's election committee to propose a competent
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Apr 25, 2001
A Russian nuclear-powered submarine was towed to port this month after an apparently minor accident in the Barents Sea, where the Kursk sank last year with the loss of 118 lives,
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Apr 25, 2001
Royal Caribbean Cruises Ltd., the world's number two cruise operator, said that first quarter net profits halved amid an economic slowdown and that earnings were likely to stay weak in 2001.
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Apr 25, 2001
General Dynamics Corp. said it would buy rival Newport News Shipbuilding Inc. for $2.1 billion in cash, creating the only U.S. builder of aircraft carriers and submarines for the U.
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Apr 25, 2001
The transit between Long Beach and Catalina Island will be reduced to "well under" one hour when the "Jet Cat Express" joins the Catalina Express fleet. "This will take place before Memorial Day,
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