Export Finance Norway (Eksfin) is providing guarantees of up to USD 183 million for OMS Group’s long-term financing of two cable-laying vessels from Norwegian shipbuilder Ulstein. The vessels will expand OMS Group’s capacity to install and maintain subsea fibre-optic cables carrying international data traffic. Financing has now been secured for OMS Group’s four-vessel newbuilding programme. ...
ABS and Radian Forge have signed a joint development project (JDP) to evaluate the use of digital manufacturing data in the qualification of metal components produced through wire arc additive…
Iran’s Revolutionary Guard Corps (IRGC) said Thursday that two tankers carrying over four million barrels of oil had caught fire after an “accident” on an unauthorized route in the Strait of Hormuz.
Organised by the Hong Kong Maritime and Port Development Board (HKMPDB) together with co-organisers: the Hong Kong Shipowners Association and the Hong Kong Maritime Museum (HKMM), alongside partner…
