China CSSC Holdings (600150) plans to raise up to four billion yuan from a private placement of 60 million shares at not less than $0.6b per share, reports Shanghai Securities News, citing a company filing. The target shares will be offered to up to 10 investors, including China State Shipbuilding Corporation (CSSC), CSSC Holdings’ parent, Baosteel Group and China Shipping Group.
ABB and maritime cybersecurity company Cydome have teamed up to help shipping companies strengthen operational risk management…
Equinor-operated Gullfaks field in the North Sea has delivered its 5,000th oil cargo, underscoring the continued role of…
The U.S. Coast Guard and partners responded to a fire onboard a non-operational natural gas platform offshore Santa Barbara…
The U.S. government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong…
The industry is focused on managing cost and maximizing efficiency, so why do some operators resist adopting technology, asks Captain Steve Bomgardner, CEO
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