Hanjin Shipping returns to black

Hanjin Shipping has returned to the black for the first quarter of 2015, posting a net profit of KRW22.9 billion (USD21 million), reversing its first-quarter 2014 loss of KRW224.5 billion.
The biggest container shipping company in South Korea reported total sales of KRW2.1 trillion and an operating

FSL Trust returns to profit

Singapore-listed shipowner First Ship Lease Trust (FSL Trust) has posted a profit of USD5.09 million for the first quarter that ended on 31 March 2015, returning to black after incurring a loss of USD4.95 million in the first quarter of 2014.
Revenue increased 10.5% year on year (y/y) to USD24.78

China launches Myships.com

China Transport Telecommunications & Information Centre (CTTIC), a company affiliated with China’s Ministry of Transport, launched Myships.com, China’s independently developed maritime information service platform.
The platform is constructed on the basis of vessel positions, tracking as many as