The outlook in the car carrier sector appears to be brightening as slower fleet growth and rising demand have led to better vessel utilisation, according to shipping analysts at DNB Markets in ...
Car carrier sector enjoying improved outlook
Japan escorts eight commercial ships off Somalia in July
Japan's Self-Defense Forces (SDF) vessels escorted eight commercial ships in the waters of the Gulf of Aden off Somalia in July to protect them against pirate attacks, the Japanese transport ministry ...
Australia, PNG hunt for ‘slave’ ships
Australian and Papua New Guinea authorities this week launched a joint operation to hunt down vessels in the Torres Strait suspected of human trafficking and exploiting slave labour. The operation ...
Hanjin Shipping posts continued profit
Hanjin Shipping has continued profitability for the second quarter of 2015, posting a net profit of KRW104.3 billion (USD94 million), reversing its second-quarter 2014 loss of KRW199.7 billion. The ...
LNG Power places order for 200 LNG-powered ships at Honghua
Shanghai-based shipping company LNG Power on 7 August placed an order for 200 LNG-powered vessels at Honghua Offshore Oil & Gas, according to Chinese shipping news site Eworldship.com. These 200 ...
Hutchison Australian terminals shut down, 100 workers sacked
Hutchison Port Holdings locked its gates at its Sydney and Brisbane terminals on 7 August, after sacking 100 out of their total workforce of 224 dockworkers by text and email in the middle of the ...
South Korean shipping fund gets go-ahead
South Korea's Ministry of Oceans and Fisheries (MOF) announced on 6 August the establishment of a shipping guarantee agency to assist shipping companies that have been struggling in the ...
Seacurus Monthly JulAug 2015
Posted on: Friday, August 7th, 2015 By: Szymanski Good morning, Please find attached the latest Seacurus Monthly bulletin – inside we look at a range of key issue affecting shipping over the past ...
Top Ten Maritime News Stories 07/08/2015
Posted on: Friday, August 7th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 07/08/2015 1. Class Societies Criticised Classification societies are not as reliable today as they ...
Sainty Marine’s seven bank accounts still frozen
Shenzhen-listed Sainty Marine said on 7 August that seven bank accounts of the company and its subsidiaries were still frozen by applications of its creditors. The creditors comprise the Bank of ...