MISC Bhd said its wholly-owned unit, AET Inc Ltd, signed a contract with Samsung Heavy Industries for the purchase of four new 158,500-dwt Suezmax tankers at a cost of $67.8m each, according to a report in the Malaysia Star. The Suezmax tankers, to be built at Samsung Geoje shipyard, will become AET’s first owned Suezmax class vessels. (SOURCE: Malaysia Star)
US natural gas futures held steady on Tuesday as bearish forecasts for milder weather and less demand over the next two weeks…
"During the first two weeks of October, weekly container ship capacity transiting the Suez Canal averaged 753k TEU, according to Clarksons Research…
Scripps Institution of Oceanography is building its next coastal research vessel in Chile. If that award stands as the model…
Fincantieri is accelerating the integration of robotics, artificial intelligence (AI) and automation across its global shipyard network…
Military Sealift Command (MSC) is looking to hire and onboard record numbers of licensed engineers—and its sign-on bonuses reflect that.
Discover the operational costs hiding between your biggest transportation expenses.
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