Vale’s iron ore output will rise only if prices increase: CEO

The chief executive officer of Brazil’s Vale SA, the world’s largest iron ore producer, said in an interview published on Sunday that the company would ramp up annual production to 450 million tonnes only when prices rise.

Only 300 newbuildings ordered so far in 2016

Underscoring the crisis facing the shipbuilding industry just 300 newbuildings have been booked year-to-date...

Somalia: Only The Strong Survive

Despite the security gains during the last few years, Somalia isn’t safe. It is safer, especially if you...

Offshore only bright spot: CANSI

Beijing: The China Association of the National Shipbuilding Industry (CANSI) has released its 2012 annual report.Ac...

In Guangzhou from Sweden, not only IKEA

There will be another huge project in Guangzhou after the IKEA store from Sweden.