Finance News

 

Is it the End for Bender Shipbuilding?

Jul 01, 2009

Bender Shipbuilding & Repair Co. agreed to seek protection from its creditors, filing a Chapter 11 bankruptcy petition to reorganize.The company announced in a prepared statement that it intended to cut its workforce to about 300 to keep operations…

Dockwise Reduces Debt by $58m in Q2

Jun 25, 2009

Dockwise announced that it expects to reduce its debt by a total of $58m to just below $963m by the end of Q2 2009. The reduction will be driven by:•    Release of the remaining $40.6 million held in the Mighty Servant 3 escrow account •    Successful buy back of $ 8…

Logistics News

Maersk Teams Up with Shanghai Port on Green Methanol Shipping Fuel

Maersk Teams Up with Shanghai Port on Green Methanol Shipping Fuel

Techcross Smart Platform Leverages Data for Customer Services

Techcross Smart Platform Leverages Data for Customer Services

SSY Hires Wang to Drive LNG Business in China

SSY Hires Wang to Drive LNG Business in China

First LNG Bunker Ship Launched in China for Fratelli Cosulich Group

First LNG Bunker Ship Launched in China for Fratelli Cosulich Group

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