Author: staff

  After years of preparation, the megamerger of Chinese shipbuilding giants CSSC and CSIC has finally been completed. Though the two enterprises have both been under CSSC's control since 2019, they retained their independent stock listings - until Thursday, when an exchange filing completed the integration of CSIC...

After a challenging salvage operation, the Dutch crane vessel Matador 3 has raised part of the German WWI-era submarine U16 from the waters off Germany's North Sea coast. It is unusual for a wreck of this vintage to be raised to the surface, but despite...