In a bid to curb thefts of sand from along the Malaysian coastline at Selangor, the Selangor Water Management Authority (LUAS) has enlisted the help of licenced dredgers. Norfaezah Shamsuddin, coastal ...
Malaysian dredgers help catch sand thieves
Hapag slashes IPO target
Container line Hapag-Lloyd has scaled back its initial public offering (IPO) on the German stock exchange amid bleak market sentiment. The world's fifth-largest container carrier now aims to generate ...
Supply chain companies urged to change insular mindset
Logistics and supply chain companies have been told that the biggest challenge the industry faces is their reluctance to collaborate and share data for the benefit of the whole chain. "We need to ...
Supply chain issues highlighted as cause of port congestion
The problem of port congestion cannot be solely attributed to megaships and should be addressed through better industry collaboration and behavioural change across the supply chain, a global ...
Precious Shipping receives discounts on Sanfu vessels
Thailand's Precious Shipping has reached settlement agreements with China's Sanfu Ship Engineering that will save it approximately USD4 million over two soon-to-be-delivered vessels, the dry bulker ...
Rena salvage hearings conclude with acrimony
Hearings on the application for Rena remains to be left on New Zealand's Astrolabe Reef off the port of Tauranga concluded on 9 October, with lawyers representing the Crown and shipowner at odds. The ...
Vard issues profit warning
Singapore-listed shipbuilder Vard Holdings has issued a profit warning on its financial results for the third quarter that ended in September and full year ending on 31 December. The ...
Finland and Estonia apply for LNG pipeline funding
Baltic neighbours Estonia and Finland have applied jointly for up to 75% of the cost of a submarine natural gas carrying pipeline linking the two. This evens out spikes in supply and demand during ...
Port of Hamilton secures new grain terminal
The Port of Hamilton has secured a new 50,000 tonne grain terminal that will ship Ontario-grown grains and oilseeds to export terminals on the St. Lawrence River. The facility will be built by G3 ...
PIL back for more box ships
Singapore-based Pacific International Lines (PIL) has returned to Chinese shipyard Jiangsu Newyangzi Shipbuilding, a subsidiary of Singapore-listed Yangzijiang Shipbuilding, with an order for eight ...