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Intellian is delighted to announce that it has won a US$73 million contract with low earth orbit (LEO) satellite network provider OneWeb to develop and supply affordable compact user terminals, reports Intellian. 'Game-changing terminal' These innovative, easily-installed antennas will use...
Clarkson PLC today announces preliminary results for the 12months ended 31 December 2020. Clarksons uses APMs as key financial indicators to assess the underlying performance of the Group. Management considers the APMs used by the Group to better...
GP Global sold its bitumen complex in Hamriyah, with its other UAE storage facilities lined up for sale, reports Argus Media. Bitumen complex sold out According to market participants, Dubai-based commodity trading firm GP Global has sold its bitumen complex in...
Hyundai Heavy Industries Holdings, or HHIH, has signed a memorandum of understanding with Saudi Aramco on blue hydrogen and ammonia projects, a Hyundai Heavy official said March 4, reports Platts. About The Process Hyundai Oilbank, the oil refinery unit of HHIH,...
Forward freight agreement (FFA) trades for a basket of 38,000-dwt handysize time charter rates will help operators take longer-term cover with less risk, reports Marinelink. Early regulatory approval Following an ever-strengthening charter market, SGX have confirmed a launch date for the...
Global travel management and events agency ATPI Group, has announced the acquisition of German travel agency Hamburg Süd Reiseagentur GmbH from Danish shipping conglomerate A.P. Moller – Maersk, reports CMW. An expansion  The takeover marks expansion of ATPI’s footprint in the...
The Insurance Regulatory and Development Authority of India (IRDAI) is in talks with Indian National Shipowners Association (INSA) to develop a protection and indemnity insurance club (P&I club) in India, a move that will support the development of a...
The government has received at least five expressions of interest. It includes from the Great Eastern Shipping Co Ltd and US-based Safesea Group, for the privatisation of state-run carrier Shipping Corporation of India Ltd. Vedanta Ltd and a...
Germany’s SAL and Dutch firm Jumbo announce their intention to form a joint venture, says  a press release published on their website. Heavylift sector  Consolidation in the heavylift sector shows no sign of slowing down with Germany’s SAL and Dutch firm...
Eagle Bulk Shipping Inc. planning to profit from scrubber-fitted fleet as margins rise, says a press release published on their website.Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the Supramax/Ultramax drybulk segment, reported financial results for...
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