Dubai, United Arab Emirates – DP World, a leading global provider of smart end-to-end logistics solutions, has entered into a joint venture with Tashkent Invest, a subsidiary of the Tashkent City Administration, to develop and manage a state-of-the-art multimodal logistics terminal near the Uzbek capital. The partnership marks a significant step in advancing Uzbekistan’s logistics… Read More
HOUSTON and WINDHOEK, Namibia — McDermott and Namibia’s Petroleum Training and Education Fund (PETROFUND) jointly announce the signing of a Memorandum of Understanding (MOU) to collaborate on academic and industrial training initiatives in Namibia’s upstream oil and gas sector. The collaboration will align with international standards to provide Namibian students, job seekers and service providers access to training, mentorship and employment… Read More
All birthdays are worth celebrating. Some, however, are bigger than others. That’s the case for the United States Navy today: it turns 250 years old. Yes, the navy, like the United States Army and the United States Marine Corps, is older than the United States itself. On October 13, 1775, the Second Continental Congress commissioned two ships, each… Read More
Placement of approximately 41.1 million Placement Shares at S$0.1703 each has been fully taken up. Prominent institutional investors include Lion Global Investors Limited, ICH Capital Pte Ltd, ICAP-SAC, Ginko-AGT Global Growth Fund, and Azure Capital. Gross proceeds of S$7.0 million to fund capital expenditures for business expansion. Supported by a strengthened balance sheet, the Placement… Read More
Austal Limited (Austal) (ASX: ASB) is pleased to advise of the execution of a loan agreement for US$100m in funding from Export Finance Australia (EFA), the Australian Government’s export credit agency, to enhance Austal’s construction of vessels for the US Navy and US Coast Guard at the Company’s Mobile, Alabama Shipyard. The EFA loan facility… Read More
