Report: OMERS to Buy V. Ships

July 15, 2011

According to a report posted on Reuters, Canadian pension fund Ontario Municipal Employees Retirement Scheme (OMERS) is reportedly set to buy V. Ships, one of the world's biggest ship managers, for about $500m. (Source: Reuters)

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Automation is Optimizing US Logistics

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Sheskharis Terminal Pauses Loadings Following Drone Attack

Sheskharis Terminal Pauses Loadings Following Drone Attack

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Oil spillage off Oman is threatening to cause a disaster as two slicks are seen in the Gulf
Data shows that Turkey has cut its Russian oil imports due to Black Sea export disruptions, which have slowed down supplies.
Sources say that the Sheskharis terminal in Russia's Black Sea halted loadings following a drone attack.