The new freight agreement runs until 2016, with an intention for a further four year extension. Under the new agreement, EUKOR will lift 100% of the volumes out of Korea until 2010. After this, EUKOR will carry the majority of the volume.
India is reportedly considering a project to incorporate six Japanese Soryu-class diesel-electric submarines into its fleet, says The Japan Times.
A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural
Thanks to a pier expansion and enhancement, Puerto Rico will welcome the two largest cruise ships in the world, Royal Caribbean International’s Oasis of the Seas and Allure of the Seas, in 2016.