PEMEX Earmarks 56% of Budget for Offshore
Mexican state oil monopoly Petroleos Mexicanos expects to invest $36 billion during the current six-year administration, up 76 percent from the prior term. The company…
British Builders Battle For Contracts
BAE Systems Plc is engaged in a bitter fight with naval shipbuilder Vosper Thornycroft to secure the contract to build all 12 of the Royal Navy's new Type 45 destroyers, the Financial Times reported.
Kockums Fights To Keep Prop Secrets From U.S.
Swedish submarine manufacturer Kockums Industrier AB, designer of Australia's new Collins class submarines, has taken legal action to stop Australia releasing its…
Port Repair Bids To Be Sought
India's Kandla port will invite tenders soon for repairs to jetties, buildings and equipment damaged in last month's earthquake. "We will invite tenders in the next few days to repair the port," A.K.
Leif Hoegh Profits Double
Norwegian shipping group Leif Hoegh said its improvement in operating profit - from $56.6 million from $22.9 million the previous year - was largely a result of…
Moore Stephens Advocates Dynamic Risk Analysis
Forecasting techniques in shipping have at last become as dynamic as the shipping industry itself, according to Chris Chasty, head of the shipping industry group…
