The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged lower on Tuesday, as rates declined across capesize and panamax vessel segments.* The main index, which tracks rates for capesize…
Baltic Index Tumbles as Big Ship Rates Fall Read More »
Saipem, Italy’s engineering, drilling, and construction services provider, has held the first steel-cutting ceremony for an integrated project operated by the Indonesian subsidiary of the U.K.-headquartered energy giant BP at its fabrication yard in Ka…
Saipem gets the ball rolling on BP’s $7 billion integrated project off Indonesia Read More »
China’s military said on Wednesday it monitored and “drove away” a U.S. destroyer that sailed near the disputed Scarborough Shoal in the South China Sea, while the U.S. Navy said its action was in line with international law.The first known U.S.
China, US Trade Barbs over U.S. Destroyer Passage near Scarborough Shoal Read More »
Visit is forerunner to South Korea-US presidential meeting this month with shipyard chiefs set to be in delegation
HD Hyundai cosies up to US on shipbuilding cooperation with yard tour Read More »
The Arab Shipbuilding and Repair Yard Company (ASRY) launched a pair of bunker vessels for Bapco Refining, a subsidiary of Bapco Energies, at a ceremony held on Monday, attended by ASRY Chief Executive Officer Dr Ahmed Al Abri, Bapco Refining Deputy Ch…
ASRY Launches Two Bunker Vessels for Bapco Refining Read More »