Specialist cyber-security product manufacturer LightCyber has told IHS Maritime that shipping needs a new approach to cyber security. LightCybers' technology provides "visibility into security ...
Cyber security for shipping needs unique approach
Container shipping glut hurting Hanjin Shipping
A decision to focus on container shipping may have affected Hanjin Shipping's efforts to improve its liquidity as the sector remains stagnated, an analyst has said. True Friend Korea Investment & ...
KDB chairman: ‘DSME might have more losses’
Daewoo Shipbuilding & Marine Engineering, already reeling from a massive second-quarter deficit after revealing hidden losses from offshore plant projects, could see its full-year result become ...
IKEA to make Incheon port its gateway to South Korea
Swedish furniture maker IKEA will export most of its goods to South Korea via Incheon port. IKEA, which opened its first store in South Korea in December 2014, made this decision after it began ...
China gets tough on safety at Tianjin port
China has launched extensive safety inspections on companies handling dangerous goods in the vicinity of Tianjin Port. This is seen as showing its determination to clamp down on companies storing ...
‘Don’t jeopardise recycling capacity’, ECSA warns EU
The European Community Shipowners' Associations (ECSA) has said that Europe should trust class society judgements on ship recycling yards or risk putting off big players from signing up to ...
Shipping Australia predicts rise in reefer rates
Ratification of the Trans-Pacific Partnership (TPP) free-trade deal will be a boon for the Australian reefer trade, according to Shipping Australia Limited (SAL). The TPP, or Pacific Rim, trade deal ...
South Korean minister calls for container lines to widen horizons
Container shipping companies in South Korea should widen their horizons beyond just shipping in order to capitalise on opportunities created by new technologies, said Yoo Ki-june, minister of oceans ...
Storm clouds gather for global economy
The global economy is heading for a period of prolonged weakness and of great uncertainty, the Danish Maritime Forum was warned on 7 October. Weak economic growth means challenges on the economic ...
APL starts new North Asia–US West Coast service
Singapore-headquartered container carrier APL will start a new weekly US-flagged service to connect key markets in North Asia with the US West Coast, while also connecting the US inland regions via ...