Naval Ship Management (NSM), an existing joint venture between Babcock and UGL, has been awarded the support and sustainment program for two Landing Helicopter Docks (LHDs) at the Garden Island Defence Precinct in NSW, following a competitive…
Babcock JV Secures $1.5b Australian DFS Program Contract Read More »
Russia’s new far eastern Zvezda shipyard has cancelled a tender to import key parts for a crude oil tanker from South Korea’s Hyundai, RIA news agency reported on Monday, citing a database of state purchases.Kommersant newspaper had reported that Zvezd…
Zvezda Cancels Tender to Import South Korean Ship Parts Read More »
Greek player buys first oil carrier in seven years
MR2 buy spells end of Kassian hiatus in tanker S&P Read More »
Swiss-headquartered MSC expects to pay over $2 billion a year in fuel costs due to tougher global marine fuel rules and will introduce a bunker charge next year to recoup expenses, the world’s number two container line said.UN agency the International…
MSC Sees Over $2 bln in Annual Fuel Costs from IMO Rules Read More »
Sale of aframax sets new benchmark price of veteran tankers.
Avin tipped as buyer of Arcadia tanker Read More »