L3Harris Technologies announced it is one of three companies selected to provide Preliminary Designs for the next generation submarine tender, a support vessel that will provide expeditionary maintenance and repairs for U.S. Navy submarines.New…

Diesel outboard engine manufacturer Cox Marine announced an expanded contract with UAE partner Gulf Yachts to cover additional regions as exclusive distributor.Gulf Yachts is increasing its territories beyond Qatar, Oman, Kuwait and Lebanon to also distribute in UAE and Bahrain…

Singapore's Strategic Marine has ordered 50 of its C32 ACERT IMO III engines from Caterpillar dealer PT Trakindo Utama Singapore Branch, citing severe disruptions to the supply of what it says is critical shipbuilding equipment due to the pandemic…

U.S.-based offshore oil and gas services firm  Helix Energy Solutions Group is set to buy equity interests of Louisiana-baed Alliance group of companies for $120 million cash at closing, plus the potential for post-closing earnout consideration.Alliance…