Eike Batista, the former mining and oil magnate who was once Brazil’s richest man, was convicted and sentenced to 30 years in prison for bribing Rio de Janeiro state’s disgraced ex-governor, according to a court document published on Tuesday.Batista’s …
Fall from Grace: Batista Gets 30-Years for Corruption Read More »
Thyssenkrupp Chief Executive Heinrich Hiesinger said he would restructure the German industrial conglomerate further after signing a long-awaited deal to merge its steel assets with those of India’s Tata Steel.The steel merger, which will create…
Steel Trade: Thyssenkrupp Restructuring After Steel Deal Read More »
Ongoing civil war in major oil producer pushes daily earnings in Mediterranean market in the red.
Libya tanker transits at halt, P&I club warns Read More »
Robert (Bob) Hill of Ocean Tug & Barge Engineering Corp., of Milford, MA has specialized in the design of AT/B’s for many years. As probably the world’s most experienced designer of large articulated tug/barge (AT/B) systems, Hill’s success comes, in p…
Workboat Design: Interview with Bob Hill Read More »
Newshelf 1279 buys 1.6 million shares of recently US-listed spinoff of South African industrial conglomerate Grindrod.
Investor takes 8.4% of Grindrod Shipping Read More »