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Somali pirates seek $8m to free three shipsSomali pirates are demanding a total ransom of $8.2 million to free two Malaysian tankers and a Japanese-managed bulk carrier hijacked in the Gulf of Aden, a maritime official said. Gunmen from Somalia have hijacked at least 30 vessels in More… |
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GPS-MISC venture wins $320m dealGlobal Process Systems (GPS) of Dubai and its joint venture partner MISC of Malaysia have won a major contract in Malaysia. The contract awarded by PCPP Operating Company of Malaysia is for the lease of two mobile offshore production units More… |
