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GLOBALSplash2473h ago

US cuts costs and red tape in shipbuilding finance overhaul

Washington has overhauled the rules governing its Title XI ship and shipyard financing programme, lowering application costs and removing a potential bottleneck for projects using foreign equipment.…

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MIDDLE EASTMiddle East Monitor5h ago

Oil tanker hit by unidentified projectile off Oman: UKMTO

An oil tanker was hit by an unidentified projectile off the coast of the Omani city of Khasab, near the Strait of Hormuz, with no casualties or environmental damage reported, the UK Maritime Trade…

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