Chinese Work to Kneecap US Rig Builders

BEIJING – Seven Chinese shipbuilders whose portfolios include rig construction have formed a new alliance to realize cost savings through sharing resources. The alliance, called China Offshore (Deepsea) Industry Alliance, was formally set up in Beijing on Dec. 28, 2016. The alliance members comprise Yantai CIMC Raffles, Shanghai Zhenhua Heavy Industries Company (ZPMC), Cosco (Qidong)… Read More

Tax Deductions Some Small Businesses Miss

Start preparing now to save money next tax season by accounting for these tax-deductible business expenses. Many small business owners aren’t aware, but they’re often eligible for lots of different tax deductions from the government. Sure, most entrepreneurs know to deduct expenses like employee salaries and benefits, the cost of goods sold, and rent. But… Read More