
DryShips reduces debt through vessels sale
DryShips Inc. has sold three of its vessels, which has reduced its total bank debt by US$102.1 million. Additionally, DryShips has agreed to sell its shares in Ocean Rig UDW Inc.
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DryShips Inc. has sold three of its vessels, which has reduced its total bank debt by US$102.1 million. Additionally, DryShips has agreed to sell its shares in Ocean Rig UDW Inc.

Haver & Boecker introduces three-year leasing for Pulse vibration analysis service.

Cargotec names Mikko Puolakka as the company’s new Chief Financial Officer.

Leigh Creek Energy Ltd signs a heads of agreement (HoA) with Shanghai Electric Power Generation Group.

Westmoreland Coal Co. selects Gary Kohn as the company’s Vice President of Investor Relations.

SGS has completed its acquisition of Bateman Projects from Tenova.

Brazilian mining company, Vale, has sold its stake in the CSA steel plant in Brazil to joint venture partner, thyssenkrupp.

South Africa mining company, Pan Africa, has completed the purchase of Uitkomst coal mine.

Australian engineering company is to close its coal mining services businesses and exit the sector on the back on unsustainable pressure to reduce prices.

AES Argentina Generacion S.A. orders Terex® Gottwald Model 2 portal harbour crane for its 1540 MW coal-fired power plant in San Nicolás de los Arroyos.

The New South Wales Planning Assessment Commission has concluded the environmental risks of expanding mining at Russell Vale outweigh the benefits.

Despite the UK closing its last coal mine in December 2015, FUCHS has decided to keep its Centre of Excellence for underground mining in England.