ZPMC defends shipbuilding contract termination by Petrofac

Shanghai Zhenhua Heavy Industries (ZPMC) is taking steps to defend against the recent termination of a contract by Petrofac over the construction of a multi-purpose offshore vessel. ...

Lawmaker defends 'essential' shipping law

The maritime industry has been a pillar of the economy for as long as shipping vessels have delivered goods and commodities to American shores. In no small part, the Jones Act has been the engine driving this success for nearly a century, requiring that a