The multipurpose shipping market, including the breakbulk and project cargo sectors, has struggled over the last few years, but conditions are ripe for recovery, according to a recent report from shipping consultancy Drewry. A strong start to…
Multipurpose Shipping Eyes Recovery -Drewry Read More »
Oil major BP is targeting shipping 119 cargoes of liquefied natural gas (LNG) from its Tangguh project in Indonesia’s West Papua province this year, including 22 for the domestic market, a company official said on Wednesday. BP expects to keep…
BP eyes 119 LNG Cargoes Annually From Indonesia Read More »
The U.S Navy has awarded General Dynamics Electric Boat a $126.1 million contract modification to continue development of the Common Missile Compartment for the U.S. Navy’s Columbia-class submarine and the Royal Navy’s Successor-class ballistic-missile…
General Dynamics wins Columbia-Class Submarine Deal Read More »
Watson Farley & Williams (WFW) has advised The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), Japan’s largest bank, as facility agent for a syndicate of international lenders comprising itself, Development Bank of Japan Inc. and Societe Generale on the $18…
BTMU to Refinance Two K-Line Vessels Read More »
Malaysian Bulk Carriers Bhd (Maybulk) plans to sell its entire 21.23% stake in Singapore-listed PACC Offshore Services Holdings Ltd (POSH) to its own shareholders, reported The Star. According to the report, Maybulk seeks to raise cash to pay for new v…
Maybulk to Sell its Stake in POSH Read More »