The current global economic growth (GDP) looks like it may be as good as it gets, with indicators across the globe signaling healthy expansion, but at a slower pace compared to the levels seen in the last half of 2017.Global economic growth seems on tr…
Macroeconomic Trends Signal Good News for Shipping Read More »
Azeri state oil company SOCAR and Norway’s Equinor on Wednesday signed a risk service contract for the development of the Karabakh offshore oil and natural gas field in the Caspian Sea.The two companies also signed a product-sharing agreement for Ashra…
SOCAR Inks Deals for Caspian Fields with Equinor Read More »
Dutch marine contractor Van Oord said on Wednesday it had won a 500 million euros ($579 million) contract to build a 640 megawatt (MW) offshore wind farm in Taiwan.Van Oord will design, manufacture and install the eighty foundations for the wind farm…
Van Oord Wins Taiwanese Offshore Wind Contract Read More »
South Korean Finance Minister Kim Dong-yeon said on Tuesday the government will designate five key shipbuilding centres on the country’s south coast as “industry crisis” zones eligible for economic support. The areas include Dong-gu in the city of Ulsa…
S.Korea: Five Shipbuilding Regions get “Industry Crisis” tag Read More »
Maersk Line selected ABS to lead a workshop to identify and evaluate potential hazards posed on containerships from dangerous cargoes stowage. The workshop assembled industry stakeholders to conduct a comprehensive Hazard Identification (HAZID)…
Maersk, ABS on Safety on Containerships Read More »