Japanese marine electrical machinery supplier BEMAC Corporation has completed its acquisition of The Switch Engineering Oy, Finland-based special electric machine and high-power converter product supplier, following a tripartite share purchase agreemen…
BEMAC Acquires The Switch Read More »
Anticipated post-2027 supply glut will be shorter-lived than expected, with most new projects facing delays
US pause on LNG project permitting a ‘major problem’, Poten says Read More »
A cargo ship abandoned four days ago in the Gulf of Aden after it was hit by missiles fired by Yemen’s Houthis is still floating despite taking in water, and could be towed to nearby Djibouti, industry sources said on Wednesday.Shipping risks…
Ship Hit by Missiles and Abandoned in Red Sea Faces Unknown Fate Read More »
Britain’s Trident nuclear-deterrent system misfired during a test last month, sending a missile crashing into the ocean off the Florida coast near the submarine that launched it, The Sun newspaper reported on Wednesday.The Ministry of Defense…
UK’s Trident Nuclear-deterrent Missile System Misfires During Test Read More »
Chinese shipowner is out to modernise its fleet of bulkers and has not ruled out further sales of its older vessels
Jinhui Shipping buys panamax bulker from Nisshin as fleet renewal gathers pace Read More »