Fugro N.V. of the Netherlands, and Oakwell Shipbuilding Engineering & Construction Pte Ltd, based in Singapore have signed a ship building contract for two Fugro Standard Survey Vessels.

BAE Systems, Glasgow, has announced its intention to establish four new university partnerships in the field of maritime engineering, worth at least £5 million over the next five years, as part of its research and development investment in the maritime sector.

Global defense, security and aerospace company BAE Systems has completed its acquisition of Atlantic Marine Holding Company after receiving all necessary U.S. regulatory approvals.