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.
Upon completion of the expansion of the Panama Canal, the cost to transport grain from the U.S. corn belt to Asia will drop by an estimated 12%, thus increasing the cost competitiveness of the U.
Scorpio Bulkers Inc. say it has increased the size of its public offering from the initially announced 15,500,000 common shares to 31,300,000 common shares for gross proceeds of $305,175,000.
Flexible pipe specialist FlexTech said it has surpassed its first year turnover target of £500,000 just six months after start-up and anticipates reaching £1million by the end of the year.
Atwood Oceanics, Inc. announced today the delivery of the Atwood Advantage from the Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) shipyard in South Korea.
U.K. based Solar Solve Marine received an order to supply 12 SOLASOLV class approved roller screens to the Ben-My-Chree Ro-Pax ferry.
The vessel is owned and
Tom Ridge, President and CEO of Ridge Global, an international provider of security and risk management services, today announced that Thomas Betro, former Director