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Stable outlook for shipping firms on earnings growthThe outlook for the global shipping sector for the next 12 months remains stable on the back of expected supply-demand improvements in the dry bulk and container shipping segments and overall sector earnings growth of 4 to 5 per cent, said Moody More… |
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Bahrain firm develops new sand dredgerBahrain-based Two Seas Marine Services (TSM) has indigenously converted a bulk carrier into a sand dredger, which offers a faster, easier and cost-effective alternative to getting dredgers from Europe and elsewhere, said its managing director. More… |
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Tanker, bulk carrier collide off SingaporeA tanker and a bulk carrier collided in waters between Singapore and Malaysia on Tuesday morning, resulting in an estimated 2,000 tonnes of oil spilt, authorities from the two countries said. Singapore is one of the world's busiest por More… |
