Singapore’s Mooreast Holdings has announced plans to expand its mooring and rigging solutions products range and to enhance partnerships with international players as it eyes expansion in the global floating offshore renewable energy sector following an IPO last November.
Volkswagen’s top US executive has apologised as the emissions-rigging scandal engulfing the world’s largest carmaker deepened and members of Congress said the company violated the public’s trust.
“On behalf of our company, my colleagues in Germany and myself, I would like to offer a sincere apology for Volkswagen’s use of a software program that served to defeat the regular emissions testing regime,” Volkswagen of America chief executive Michael Horn told a House subcommittee.
Calling the company’s admission “deeply troubling”, Mr Horn said: “We have broken the trust of our customers, dealerships and employees, as well as the public and regulators.”
