According to a Dec. 2 report from Reuters, General Dynamics Corp (GD.N) expects flat defense spending in coming years, or possibly small declines, but does not foresee the kind of “precipitous" declines seen in early downturns.
COSCO Corporation (Singapore) inform that its Dalian Shipyard in China has delivered a bulk carrier of 57000 dwt, named "GUOTOU 108", to its Asian buyer.
The Handymax bulker measures 189.
State-owned Oman Shipping Company SAOC (OSC) is projecting to expand its current fleet of 43 ships to 50 by 2018, the Oman Daily Observer reported. According to the report,
Haifa Port contracts 70 t Voith Tug with Zamakona Yards
Haifa Port Company (HPC) has awarded the international tender for a new build Voith Schneider tug to Zamakona Yards.