Box volume at America's largest container port complex fell 5.2% year on year in April as Los Angeles and Long Beach continued to work through congestion backlogs. After surging 63.2% year on year in ...
LA-Long Beach box volume falls
South Korea, India to co-operate in maritime sector
Indian prime minister Narendra Modi's state visit to South Korea has resulted in the two countries signing a memorandum of understanding (MOU) to co-operate in maritime-related matters. A statement ...
First Electric Car Ferry in Operation
By MarEx 2015-05-19 04:06:25 The world’s first electrical car and passenger ferry powered by batteries has entered service in Norway. The ferry only uses 150 kWh per route, which corresponds to ...
Yang Ming gets new ship, predicts loss for 1H15
Taiwanese carrier Yang Ming Marine took the delivery of a new 4,662 teu box ship on 18 May, while predicting a loss for the first half of 2015. The new ship, YM Express, is the last of the five 4,662 ...
Japan ship exports down in April
Orders at Japanese shipyards continue to fall as investment appetite in dry bulk carriers wanes. Japanese shipyards specialise in building dry bulk carriers. Figures from the Japan Ship Exporters' ...
CSSC chairman resigns
Shanghai-listed China State Shipbuilding Corporation (CSSC) announced on 18 May that its chairman Hu Wenming resigned. According to the company's filling to the Shanghai Stock Exchange, his new ...
Mermaid Maritime posts losses for 1Q15
Singapore-listed offshore services provider Mermaid Maritime posted a loss of USD15.9 million for the first quarter that ended on 31 March, compared with a net profit of USD5.2 million in the same ...
Singapore seizes huge illegal ivory shipment
Singaporean authorities have made its second-largest seizure of illegal ivory in 13 years. After receiving a tip-off, the Agri-food and Veterinary Authority of Singapore (AVA), helped by Singapore ...
Top Ten Maritime News Stories 19/05/2015
Posted on: Tuesday, May 19th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 19/05/2015 1. Maersk MOL and MSC – 3M Deal Maersk Line announced today it has entered into ...
Ezion denies claims of breaching agreements
Singapore-listed offshore services provider Ezion Holdings refuted claims of breaching charter agreements and said the claims were "frivolous and without merit". According to the company's filing to ...