According to a Jan. 7 report from Reuters, Indian shipbuilders are heading for another bleak year in 2010 amidst weak demand and prospects of order cancellations as the global economy struggles to emerge from a slowdown, analysts said. Bharati Shipyard remains a lone promising bet for investors on expectation its recent acquisition of Great Offshore Ltd. will boost its orderbook and cash flows.
(Source: Reuters India)
Salaries of the 500 employees are secured by insolvency money; discussions planned with clients for shipbuilding projects already underway.
Anemoi Marine Technologies has today announced that Clare Urmston has been appointed as the company’s new Chief Executive…
The river Mosel in western Germany, an important route for grains and rapeseed shipments, has been closed to inland waterways…
HII’s Ingalls Shipbuilding division and the U.S. Department of Labor’s Job Corps program, partnered to host a two-day recruiting…
Hapag-Lloyd reduces emissions & costs through Shipshave’s ITCH solution, confirmed by DNV
Get lower carbon intensity solutions customized for your business needs
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.
Read the Magazine
Subscribe for
Maritime Reporter E-News
Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week
