Saltchuk Resources to take over Overseas Shipholding Group – Warungku Terkini

Privately owned Saltchuk Resources has agreed to take over the New York-listed operator of Jones Act tankers and oil tug barges, Overseas Shipholding Group (OSG). The deal gives OSG an aggregate equity value of about $653m and a total transaction value of $950m. Saltchuk will acquire all outstanding shares of OSG it does not alreadyRead More

JASDF readies F-35As for first overseas exercise – Warungku Terkini

The first Mitsubishi assembled F-35A was unveiled in Nagoya Japan on 5 June 2017. (Lockheed Martin) The Japan Air Self-Defense Force (JASDF) is readying its fifth-generation Lockheed Martin F-35A Lightning II Joint Strike Fighters for the type’s first international drill in Japanese service in northern Australia, the JASDF announced in a 14 August statement. AccordingRead More

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