The EU's capacity building division has delivered more training and equipment to the Somali coastguard in Mogadishu, although experts warn that the trained officers should also be paid if maritime ...
Piracy analysis: EU Somali coastguard initiative delivers
Wan Hai tops punctuality survey
Taiwanese carrier Wan Hai Lines topped a survey studying liner schedule reliability of the 20 biggest lines for March-May. The survey, by Danish maritime consultants SeaIntel Maritime Analysis, put ...
DS Torm publishes post-restructuring listing prospectus
DS Torm, the listed Danish product tanker company that has just completed restructuring its business, has published a listing prospectus to shares that were issued as part of the restructuring. The ...
Siem Shipping reports firmer interims, eyes new markets
Siem Shipping, the listed Norwegian reefer and car carrier owner, says it is looking at other sectors of shipping to expand its business after reporting stronger second quarter 2015 (2Q15) and first ...
Coastal Contracts sells eight vessels for $34m
Malaysian offshore vessel owner Coastal Contracts has sold two offshore support vessels and six low-end vessels for MYR130 million (USD34 million). The transaction takes the company's cumulative sales ...
South Korea grants further compensation to Sewol victims
South Korea’s Ministry of Oceans and Fisheries (MOF) announced on 24 July that a Sewol compensation committee held a meeting and decided on the amount of compensation that the victims’ families and ...
Shanghai to provide onshore power to vessels this year
Shanghai plans to provide onshore power for oceangoing container ships and cruise ships in 2015 to cut vessel emissions while they are at berth. Construction works of the onshore power facilities had ...
Trial convoys pass new Suez canal
Convoys of ships in both directions have passed through the expanded Suez Canal for the first time on Saturday 25 July. The canal has been widened and deepened, adding bypasses on its western side to ...
Cargo carrier sinks in Yangtze River
A China-flagged cargo carrier sank in the Yangtze River after colliding with a product tanker on 23 July. Huayun Shipping-owned 4,615 gt Jiang Xia Xiang was ferrying 7,498 tonnes of stone from An Qing ...
Mercator Lines (Singapore)’s loss worsens
The Singapore unit of Indian bulker owner Mercator Lines has seen its loss worsen for the first quarter of its current financial year. For the three months ending on 30 June 2015, the company suffered ...