The Bailey Group, based in Cardiff, has taken control of one of the UK’s leading ship repair and marine services businesses – the A&P Group – for an undisclosed sum.

Russian energy supplier Gazprom has plans to place orders at Russian shipbuilding plants to produce marine equipment for the continental shelf development, LNG and CNG transportation.

Two onboard LNG regasification plant installations of Hamworthy plc, Poole, are to undergo gas trials this summer, one on a floating storage and regasification unit (FSRU) for Brazil, the other on a shuttle regasification vessel (SRV) destined for the US.

JDR Cables Systems LTD., Littleport, UK, has been awarded a contract for the supply of subsea power cables for the UK’s ground-breaking Wave Hub project by the South West RDA (Regional Development Agency).

The main purpose of the agreement signed between United Industrial Corporation (OPK), Russia, and Hyundai Heavy Industries (HHI), South Korea, is to establish a cooperation which will include the mutual developing of shipbuilding projects, equipments and the designing of vessels.