According to reports, POSCO has decided to sell Pos Plaza commercial skyscraper to a based fund company. The price of the building is reported to be over $400 million. POSCO has denied the speculation that it wants to secure the cash needed to acquire Daewoo Shipbuilding and Marine Engineering from the government and said that it is only for securing cash flow.
Source: Steel Guru
U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S.
The keel of the first of five Fleet Support Ships (FSS), being built at Hindustan Shipyard, was recently laid at a ceremony…
Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting…
With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs…
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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