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German industrial group Thyssenkrupp has submitted an offer to the Australian government for a contract to build stealth submarines potentially worth tens of billions of euros,
Evaluation of Australia’s Future Submarine program proposals will now commence with all three potential international partners submitting their proposals in full,
North Korea apparently failed to launch a ballistic missile from a submarine in a sign that Pyongyang has yet to master the technology, Yonhap news agency quoted a government official as saying.
Danish shipping company Torm has signed an order for four fuel-efficient LR2 (long-range) product tanker vessels from Guangzhou Shipyard International in China for $200 million.
At least two tankers redirected to Singapore; Vitol floating storage vessel also heading East.
Diesel cargoes which had planned to discharge in a heavily-supplied
Murilo Ferreira quit as chairman of Brazil's Petroleo Brasileiro SA, the state-controlled oil company said on Monday, without disclosing the reason for his decision.