Demand for container imports during this year's back-to-school and holiday shipping seasons will get a boost from higher-than-expected consumer spending, a major US box importer group predicts. The ...
US retailers raise box forecast
GLDD nets BP spill contract
NASDAQ-listed Great Lakes Dredge & Dock (GLDD) was awarded a USD76 million dredging contract to restore a Louisiana coastal area damaged by the BP oil spill in 2010. The Oak Brook, Illinois ...
Huaying starts 300,000-tonne fuel terminal construction
Huaying Petrochemical Company has started the construction of a 300,000-tonne fuel terminal in its fuel blending and distribution centre in Dayawan Bay, Huizhou, Guangdong province. The project, which ...
Samsun Logix seeks bankruptcy protection again
South Korean bulker operator Samsun Logix is seeking bankruptcy protection again, after attempts of voluntary debt restructuring failed. It is the second time that Samsun Logix has gone to the courts ...
DSME workers strike over delayed $17.6m wage payments
Workers at Daewoo Shipbuilding & Marine Engineering (DSME) have begun negotiations with their employer, after some of them went on strike during 7-8 July 2015, after the shipbuilder delayed ...
Affin Hwang expects better 2H15 performance from Alam Maritim
Malaysia-based portfolio manager Affin Hwang Capital Research foresees better financial performance from offshore service provider Alam Maritim in the second half of 2015. In June, Malaysia-listed ...
Dayang completes Perdana Petroleum takeover
Malaysia-listed offshore services provider Dayang Enterprise Holdings has completed the acquisition of oil and gas company Perdana Petroleum. According to Dayang's filing to Bursa Malaysia, the ...
Negative fleet growth persists for Capesizes
The Capesize fleet's size declined for the fifth consecutive month in June 2015, as the number of demolitions continued to exceed newbuilding deliveries. IHS Maritime's Sea-web.com data show that in ...
Top Ten Maritime News Stories 09/07/2015
Posted on: Thursday, July 9th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 09/07/2015 1. IMO Getting Better at Regulation At the IMO Council meeting held last week, agreement ...
Sainty Marine loses qualification for Nantong Mingde Heavy Industry takeover
Shenzhen-listed Sainty Marine has been stripped of the qualification for the takeover of insolvent Nantong Mingde Heavy Industry (NMHI) on financial grounds. The receiver of NMHI has also revoked the ...