DOF Subsea, a Norwegian offshore vessel owner, has secured two subsea contracts in the Asia-Pacific region. The first contract involves deploying the dive support vessel Skandi Singapore in Malaysian waters for 30 days in the second quarter, while the second deal includes construction support services in Indonesia for seven weeks in the third quarter. These contracts, valued at approximately $30m, encompass project management, engineering, subsea, and logistics support provided by DOF.
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China cracks down on Calvin Klein, Tommy Hilfiger parent companies | News
China's MOFCOM added PVH and Illumina to its 'unreliable entity' list for violating market principles and discriminating against Chinese companies, amid escalating US-China trade tensions. PVH faces scrutiny for alleged improper conduct in Xinjiang, impacting its presence in China, while Illumina's inclusion reflects broader geopolitical tensions. The move comes as part of China's response to US sanctions, signaling increased scrutiny of US corporations operating in China. Full Article
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