Korea to Inject $2.64 bln into DSME
South Korea's state-run banks are expected to raise more than 3 trillion won (US$2.64 billion) to prevent Daewoo Shipbuilding and Marine Engineering (DSME) from being delisted, reports Korea Herald.
Maersk Names Fourth Jack-up at DSME
Maersk Drilling’s fourth XL Enhanced ultra-harsh environment jack-up was named on 14 October at a ceremony held at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea.
Olympic Shipping to Get Finance
The struggling Norwegian supply vessel shipping firm Olympic Shipping said a consortium of investors is willing to invest about 500 million Norwegian crowns ($61.79…
SeaBird Exploration: 2D Long Offset in Belize
SeaBird Exploration, a provider of seismic data to the oil and gas industry, will acquire a long-offset survey offshore Belize. "We are pleased to announce that…
Nakilat Delivers Steady Performance in Q3
Nakilat has announced its financial results for the third quarter ended 30 September 2016, where the Company’s net profit reached QR 749 million compared to QR 757…
Florida's First Ocean-to-Air Transhipment
Already the busiest port of entry in America for international air freight, Miami International Airport will soon be able to receive perishable freight imports by…
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