According to a Nov. 5 report from Bloomberg, Northrop Grumman Corp. told private- equity firms it is scrapping a plan to sell its shipbuilding business and will instead pursue a spinoff of the unit, three people with knowledge of the matter said.
(Source: Bloomberg)
The keel of the first of five Fleet Support Ships (FSS), being built at Hindustan Shipyard, was recently laid at a ceremony…
The Poseidon Principles, which represents nearly 80% of global ship finance, has published its fifth Annual Disclosure Report…
Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting…
Austal Philippines has delivered a 32-meter catamaran to Rottnest Fast Ferries, less than twelve months after commencing construction in Balamban…
Hapag-Lloyd reduces emissions & costs through Shipshave’s ITCH solution, confirmed by DNV
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For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
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