Wilh. Wilhelmsen ASA, the listed vehicle carrier and logistics company controlled by Wilh. Wilhelmsen Holding in Norway has reported a rise in interim profits due to benefits gained from cost savings ...
Wilhelmsen enjoys cost saving benefits, seasonal volume rise
Upbeat Tanker Investments reports robust interims
Tanker Investments, the Oslo listed Teekay group spin-off that invests in second hand vessels, has reported strong interims and remains optimistic about the outlook. Group net profit amounted to ...
U-Ming grows bulk carrier fleet
U-Ming Marine Transport (Singapore), a fully owned subsidiary of Taiwanese carrier U-Ming Marine, on 6 August took delivery of a 85,066 dwt bulk carrier from Japanese shipbuilder Oshima ...
Sinwa profit up 22%
Singapore-listed offshore services provider Sinwa posted profit of SGD2.64 million (USD1.9 million) in the second quarter of 2015, an increase of 22% year on year (y/y). The company's second quarter ...
China reduces port charges
China's Ministry of Transport and National Development and Reform Commission (NDRC) has announced a reduction in port charges. The authorities released the Notice on 4 August to Adjust Port Charges ...
Invasive Species Risk for New Suez Canal
By MarEx 2015-08-06 04:21:23 Two New Zealand academics have raised concerns about the increased potential for invasive species transfer with the opening of the new Suez Canal. Professors Chad ...
Keppel wins dual-fuel ro-ro conversion job
Singapore-based Keppel Shipyard has secured a contract from Totem Ocean Trailer Express to convert a ro-ro vessel into a LNG powered dual-fuel vessel. Midnight Sun will be the first of US-based Totem ...
World’s First Dual-Fuel Dredger Ordered
By MarEx 2015-08-06 03:57:39 A new generation dredger Scheldt River will be the first ever dredger to operate on engines capable of using either LNG or conventional marine fuels. The 104 meter (340 ...
Marco Polo Marine profit dives 74%
Singapore-listed offshore services provider Marco Polo Marine's profit dropped 74% year on year to SGD0.34 million (USD0.25 million) for the third quarter of 2015. The company's third quarter revenue ...
Top Ten Maritime News Stories 06/08/2015
Posted on: Thursday, August 6th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 06/08/2015 1. Tanker Ban Confusion Reigns The Nigerian president’s sudden, unexpected and ...