May 13 - Paragon Saudi Services was contracted to move five transformers by Larsen & Toubro for its Al Bayruni power plant project in Jubail.
Paragon handled the loading, transportation, Customs clearance and offloading at the construction site.
The company will continue to work on the project throughout the plant's duration with the shipping of general cargo, spares and other equipment.
Paragon Saudi Services is a member of the Project Cargo Network (PCN) in Saudi Arabia.
BBC Chartering said that its fifth Lakermax newbuild multipurpose vessel, BBC Santiago, successfully passed sea trials last week.
The Australian Maritime Safety Authority (AMSA) has issued a ‘refusal of access direction’ to the Netherlands-flagged general cargo ship Marsgracht, banning the ship from entering Australian ports for 180 days.
Vertom has placed an order for four 10,700 dwt geared tweendeckers at Chowgule Shipyards in India.
Damen Shipyards has delivered two Combi Freighter (CF) 5000 vessels to Squtrixo General Trading. Additionally, a CF 3850 will also be handed over to the company.
The US Department of Transportation’s Maritime Administration (MARAD) has allocated USD580 million towards port improvement projects.
