According to a Jan. 21 Bloomberg story, an anonymous source reported that Daewoo Shipbuilding & Marine Engineering Co.’s $4.6b sale to Hanwha Group was scrapped by Korea Development Bank. The reporting individual declined to be identified because the information is confidential, but is scheduled to be announced publicly on Jan. 22.
(Source: Bloomberg)
Eleven sailors were missing at sea on Tuesday from a ship sunk by a drone attack off the coast of Bulgaria, possibly the…
Lloyd’s Register (LR) and Sagar Defence Engineering Limited (SDEL) have signed a Memorandum of Understanding (MoU) to help…
Bibby Marine has launched its new battery-first electric commissioning service operation vessel (eCSOV) at Armon Shipyard in Vigo…
Iran is still reviewing a US response to its proposal regarding the reopening of the Strait of Hormuz and will reply to Washington…
Discover the operational costs hiding between your biggest transportation expenses.
Military Sealift Command (MSC) is looking to hire and onboard record numbers of licensed engineers—and its sign-on bonuses reflect that.
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