Keppel FELS enters into an agreement whereby the construction contracts for the five jackup rigs for Transocean will be novated to Borr Drilling.
Goseong O&S, which has been under a court-led restructuring programme, attracts seven potential bidders.
The biggest container port in the country, Felixstowe will also order two new ZPMC ship-to-shore cranes for Berths 8&9 able to handle the largest container ships afloat.
The rate assessment for the route was marked down by 16.5% at the end of last week, following on from a 45% increase the previous week.
Martin Ewence, a former Royal Navy Commander with significant operational experience in complex environments, led a small team to the Niger Delta to study oil theft in 2013. In this first person piece, he assesses what has changed in the past four years.
Th sub-saharan country has set itself ambitious goals, including becoming a logistics hub for the Democratic Republic of Congo, Burundi, and South Sudan.
The Danes view shipping as a competence based industry and sheer size of its biggest company A.P. Moller-Maersk has allowed it to act as an incubator of skills that have benefitted not just the group itself, but the country's maritime cluster.
Nam Cheong’s auditors cast doubts on the company’s ability to continue as a going-concern after the group suffers a significant decrease in revenue and a net loss of USD9.64 million for 2016.
Seven bulk carriers chartered to troubled South Korea’s Hanjin Shipping have been sold, sparked by the failure of the world’s seventh-largest shipping line amid a persistent downturn.
Hyundai Heavy Industries wins USD240 million new orders to build four LNG-fuelled Aframax quartet for Russia’s Sovcomflot, which are slated for delivery from the third quarter of 2018.