According to a report from the Gulf Daily News, Arab Shipbuilding and Repair Yard (Asry)’s ship repair sales reached $40.154 million and 52 vessels were repaired during the first three months of 2011.
Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an
U.S. coal companies will no longer be able to settle royalties at low domestic prices when they make lucrative sales to Asia according to reforms proposed by the Interior Department on Friday.
Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping
Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.
Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway
DNV GL president and CEO Henrik O. Madsen was appointed as chairman