Solstad enters new contract with Equinor
SKUDENESHAVN: Solstad Offshore ASA has entered into a new contract with Equinor for the hire of anchor handling vessel (AHTS) Normand Ferking. The duration of...
BW LPG enters agreement to sell two Large Gas Carriers
SINGAPORE: BW LPG Limited has entered into a Memorandum of Agreement (MOA) to sell the remaining two Large Gas Carriers (LGCs) in the fleet BW...
Aramex posts a meager 1.0 percent growth in Q3 net profit
DUBAI, UAE: Aramex today announced its financial results for the third quarter ended 30 September 2019, wherein the Q3 2019 revenues grew by 2% to...
First Dubai International VAPE EXPO scheduled for March 2020
DUBAI –Knowledge Bylanes — Vape expo organizer Way Joy today announced that the first Dubai International VAPE EXPO has been scheduled for March 18 to...
Tufton Oceanic makes $8.75m investment in one containership
LONDON: The Board of Tufton Oceanic Assets Limited announced that the Company has agreed to acquire a Containership for $8.75 million. This acquisition will take...
Pakistan’s textile sector exports decline 5.32% to $1.19bn in August
KARACHI: Country’s overall textile sector exports declined 5.32 percent to $1.19 billion in August 2019 compared with exports of $1.25 billion recorded in the same...
More than 50 countries come together to discuss cooperation and development on BRI
XI’AN, CHINA: The Euro-Asia Economic Forum 2019, with its focus on Participation in the Belt and Road Initiative (BRI) will Facilitate High-level Cooperation and Robust...
Microsoft says Trump is treating Huawei unfairly
NEW YORK: “The way the U.S. government is treating Huawei is un-American. China’s leading maker of networking equipment and mobile phones should be allowed to...
Pakistan to complete 21 years of regular participation at Intertextile Shanghai
KARACHI: At the 25th Anniversary of Intertextile Shanghai Apparel Fabrics, Pakistan will complete its 21 years of regular participation, as 32 Pakistani companies under the...
European Commission adopts mandate to extend interim appeal arbitration arrangement
BRUSSELS: The European Commission today adopted a decision laying the groundwork to deal with the consequences of a possible blockage of the World Trade Organization’s...
NOVATEK creates shipping joint venture with Sovcomflot
VLADIVOSTOK: Today, during the Eastern Economic Forum in Vladivostok, PAO NOVATEK and PAO Sovcomflot, signed the Heads of Agreement on creating a joint venture, a...
Mitsubishi’s U-MACHINE opens local subsidiary in China
TOKYO: Mitsubishi UFJ Lease & Finance Company Limited has announced that its consolidated subsidiary U-MACHINE Inc. has established U-MACHINE (CHINA) CO., LTD., a local subsidiary...