Trelleborg Group, through its business area Trelleborg Sealing Solutions, has signed an agreement and finalized the acquisition of the Austrian company Nexus Elastomer Molds GmbH. The company provides advanced, customized tooling solutions and automate…
Trelleborg Acquires Nexus Elastomer Molds GmbH Read More »
Francbord, a new Breton industrial group resulting from the evolution of the Ecomer group, announced its merger with the SME Enag, strengthening the group’s position as a supplier of technological solutions dedicated to the maritime sector and…
Ecomer Merges with Enag, Becomes Francbord Read More »
Russia said on Wednesday that the U.S. seizure of a Russian-flagged oil tanker in the Atlantic was a violation of maritime law, and a senior lawmaker described it as “outright piracy”.Russia’s Transport Ministry said contact with the vessel, the Marine…
Russia: US Seizure of Oil Tanker is Piracy Read More »
Oil extended declines on Wednesday as investors digested statements from President Donald Trump that the U.S. had reached a deal to import up to $2 billion worth of Venezuelan crude, a move that would lift supplies to the world’s largest oil consumer.B…
Oil Edges Lower as US Reaches Import Deal with Venezuela Read More »
The quest to rebuild the U.S. iceabreaking fleet continues to move at lightening speed, with Seaspan Shipyards (Seaspan) signing agreements with Bollinger Shipyards (Bollinger) and Rauma Marine Constructions Oy (Rauma) to provide its Multi-Purpose…
U.S. Icebreaker Build Plan Moves Forward at Warp Speed Read More »