New licenses have been issued to four new Saudi special economic zones, which include major port and shipyard developments, at an investment forum in Riyadh this week.
Newly formed yard group Seatrium is being probed by the Singapore’s Corrupt Practices Investigations Bureau (CPIB) over longstanding corruption allegations related to Sembcorp Marine’s activities in Brazil.
Orient Overseas Container Line (OOCL) has named its second 24,188 teu boxship at Dalian Cosco KHI Ship Engineering shipyard (DACKS).