Shipping Machinery
Latest News & Case Studies
Schoeller Shipping company fined $10.4 million for illegally dumping tainted water
NEWARK — A pair of subsidiaries of a Cyprus-based shipping and hotel holding company pleaded guilty in federal court this morning to illegally dumping oil-tainted bilge water on four occasions, and … [Read More...]
Four New Vessels for Australia – PNG Trade
Swire group’s China Navigation Company (CNCo) subsidiary has ordered four 22,000 dwt chief class multipurpose vessels. from Zhejiang Ouhua shipbuilding in Zhoushan. Delivery is scheduled for 2015 … [Read More...]
European Economy: All Eyes On Cyprus as Bail Out Talks Wrap Up Early
FIERCE negotiations to resurrect a deal for the EU and the IMF to bail out Cyprus appear to have wrapped up early. Early reports state that a preliminary agreement is in place to hit Bank of Cyprus … [Read More...]