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Monday, September 16, 2019

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Yangtze shipping left high and dry

Posted to Far East Maritime (by Greg Knowler) on January 25, 2012

The Year of the Dragon begins now, represented in the Chinese zodiac by the Water Dragon. There is some irony in that, because the worst drought in 50 years has forced Chinese maritime authorities to close the Yangtze River above the port of Wuhan, more than 600 miles upriver from Shanghai.

Bharati Shipyard in control of Great Offshore

Posted to Bharati Shipyard in control of Great Offshore (by Joseph Fonseca) on May 17, 2010

The battle for Great Offshore, country’s largest integrated offshore services firm, has finally ended with Bharati Shipyard in total control and ABS shipyard left trying to dilute its share holding in the company. Last week Bharati Shipyard…