Northrop Grumman Extends $2.1 Billion Tender For Newport News
U.S. Defense contractor Northrop Grumman Corp. said on Thursday that it had extended again its $2.1 billion tender offer for the outstanding shares of warship builder Newport News Shipbuilding Inc.
Companies Align to Form Taipei Port Consortium
Taiwan's Evergreen Marine forged an alliance with three local counterparts on Friday to bid jointly for a container port project in Taipei Harbor. Evergreen Marine…
Smedvig Asia To Exercise $61.5 Million Rig Purchase
Keppel Hitachi Zosen Ltd said on Friday that Smedvig Asia intends to exercise its option to purchase the Singapore ship repair specialist's interest in a tender rig for $61.5 million.
On-Line Tool Launched for Tanker Industry
A leading software supplier to the shipping industry said on Friday it had launched a new internet-based tool for the chartering and operation of tankers. It said…