According to reports, POSCO has decided to sell Pos Plaza commercial skyscraper to a based fund company. The price of the building is reported to be over $400 million. POSCO has denied the speculation that it wants to secure the cash needed to acquire Daewoo Shipbuilding and Marine Engineering from the government and said that it is only for securing cash flow.
Source: Steel Guru
A fire broke out on board a Madeira-registered containership moored at the Port of Colombo in Sri Lanka.The MSC Capetown…
A U.S. federal court has charged three men, including two Iranian brothers and a Pakistani national, for an attempt to smuggle…
Turkish holding company Yilport will invest an expected $1.62 billion to expand two ports in El Salvador and operate them jointly with the local port
The Arab Shipbuilding and Repair Yard Company (ASRY) announced that Dr. Ahmed AlAbri has been appointed the new chief executive…
Cutting-edge performance & emissions monitoring solution by Chris-Marine to be showcased in Hamburg.
Say goodbye to scribbled handwriting, disjointed data sources and a huge administrative burden, and hello to simple mobile solutions. NAVTOR continues its drive to “make life easy” for vessel crews
Learn how digital twins enhance operational efficiency and competitiveness in maritime ports.
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