Cost growth returned to seafaring in 2018 and is projected to accelerate moderately on recovering vessel earnings and continued shortfall in officer numbers, according to the latest Manning Annual Review and Forecast report published by global shipping…
Manning costs rising on trade recovery and officer supply shortage Read More »
Credit ratings agency says ongoing use of expanded locks by major shipping lines means steady income.
S&P gives better outlook on Panama Canal Read More »
Five-year charter of vessel-based regasification for LNG aims to bring gas to underserved region.
Pemex tenders for floating LNG import terminal Read More »
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 »