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Seoul’s Acquisition of US Shipyard – Is China Next

Acquisition of Philly Shipyard Hanwha Systems and Hanwha Ocean have acquired Philly Shipyard and strategic plans are in place to invest $100 million  to globally expand  defense and shipbuilding operations . Philly Shipyard is a leading U.S. shipbuilder that has delivered around half of the merchant navy vessels in the United States since the year

Coal Regulator & Marine Freight Formula

National Electric Power Regulatory Authority (Nepra) approved coal price adjustment mechanism in the determination of coal upfront in 2014 leaving a caveat for review proceedings to consider potential fresh indices contingent on the formula of country of origin, calorific value, marine freight calculation revolving around time chartering rates and bunker fuel rate Echoing the views

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