According to a Feb. 4 report from The Day the board of directors of General Dynamics has authorized its management to repurchase up to 10 million shares of the company's issued and outstanding common stock on the open market.
(Source: The Day)
Germany, which currently is home to the world’s biggest container vessel fleet, will in future have fewer small shipping firms as European banks avoid the industry
Designers and shipbuilders of offshore and specialised vessels, Vard Holdings, has announced its financial results for the second quarter of financial year 2014 (2Q2014),
Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture for manufacturing medium and large bore medium speed diesel and dual-fuel engines.
Holders of Argentina's defaulted debt and their supporters have warned the country risks being frozen out from international capital markets unless it finds
Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million from Saipem SA,