According to a Jan. 21 report from Reuters, Korea Development Bank (KDB) has ended talks to sell a majority stake in Daewoo Shipbuilding, worth an estimated $5b, to South Korea's Hanwha Group on differences over financial terms.
State-controlled Exportadora de Sal SA de CV of Mexico ("ESSA"), one of the world’s largest salt exporters with a 10-million-ton annual production, has strengthened
Norwegian ship builder Kleven has secured a new contract for a high specification, 116-metre long Expedition Support Vessel. The order is placed by Mr Graeme Hart,
The race is on in global maritime circles to be the “world’s first” in every aspect of environmental friendliness, particularly in regards to the incorporation of LNG as fuel onboard commercial ships.