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
Three years after bulk carrier MV Wakashio ran aground on a coral reef off Mauritius, spilling 1000 tons of a new type of marine fuel oil…
Washington comes to grips with the reality that the domestic intermodal equation includes four modes. One of them is by water.
Subsea Global Solutions reports that authorities in Singapore have granted approval of its hull cleaning services for vessels…
The Federal Communications Commission voted 5-0 to propose new rules governing undersea internet cables in the face of growing…
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For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
Gas carrier reporting presents distinctive challenges due to the specialized nature of LNG cargo. From complex loading and unloading procedures to stringent safety regulations
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