job-cut

EPC Companies to Layoff Workers

The slump of commodity prices are forcing EPC companies to cut cost by laying off workers. WorleyParsons to shed 2000 jobs Amec cuts 2500 jobs to boost margins Petrofac, Amec Foster Wheeler plan job cuts



Maersk Tigris

Marshall Islands Registered Vessel Seized

A US government official told Reuters the Marshall Islands-flagged vessel was intercepted by Iran’s Islamic Revolutionary Guard Corps’ (IRGC) Naval force at 0905 GMT (0405 ET). Earlier Tuesday, Saudi Arabia-owned television station



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