On Feb. 12, the Norwegian Supreme Court awarded in favor of the shipping companies that the retroactive tax imposed in 2007 for the years 1996-2006 was in breach of the Norwegian Constitution.
The effect for Odfjell will be an increase in the equity of about $110m, including refund of about $27m already paid taxes and interest. Our 2010 interest cost on the tax debt will be reduced by about $5m.
Italy has formally launched its next-generation destroyer program, with Orizzonte Sistemi Navali (OSN) signing a contract…
ABL has been appointed by German transmission system operator 50Hertz to provide marine warranty survey services for the…
The official death toll from a passenger ship that capsized and sank in Indonesia's Java Sea rose to 26 on Wednesday, up from the previous 20…
A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict.
Advanced mineral wool technology delivers superior fire safety, thermal performance, and acoustic comfort while also reducing weight & costs.
The Port of Houston Authority of Harris County, Texas (“Port Houston”) is the steward, advocate, and a strategic leader for the Houston Ship Channel, a 52-mile complex comprising more than 200
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