Container exports at major Chinese ports remained stable in the first four months of 2015, but the freight rate index kept falling, according to a report released by Shanghai Shipping Exchange. The ...
China’s container exports stable, rates down
Jan De Nul orders two offshore vessels
Belgian dredging and offshore giant Jan De Nul Group (JDN) is investing in two versatile 6,000-tonne subsea rock installation vessels, ordered from the AVIC Weihai shipyard in China and due for ...
Turkish Ship Attacked Approaching Libya
By Reuters 2015-05-11 05:19:22 A Turkish dry cargo ship was shelled from the Libyan coast as it approached the port of Tobruk and then attacked from the air as it tried to leave the area on Sunday, ...
Uncertain post-2015 outlook for Hanjin Shipping
Hanjin Shipping is expected to achieve an operating profit of KRW437 billion (USD400.6 million) for 2015, surging 432.3% from 2014, but it is unclear whether the success will last. Hana Daetoo ...
South Korea to build grain terminal in Cambodia
South Korea's Ministry Of Oceans and Fisheries (MOF) will co-operate with local companies to develop a grain terminal in Cambodia. MOF said in a press statement, "In order to develop a grain terminal ...
Otto Marine issues profit warning for 1Q15
Singapore-listed offshore services provider Otto Marine has issued profit warning for its first quarter that ended on 31 March 2015 in its filing to the Singapore Exchange. The company has attributed ...
‘Hold’ for MISC shares
An analyst from the Malaysia-headquartered CIMB bank has recommended a 'hold' status for shipping line MISC because of the low revenue from its LNG and chemical tankers segments. Raymond Yap cited ...
Philippines beer-giant to develop Davao port
Davao port in the Philippines could be developed and run by the country's beer-maker San Miguel Corporation, sources have confirmed. "San Miguel bought bid documents for the Davao Sasa Port ...
Philippines shipping escapes wrath of Typhoon Noul
Typhoon Noul, locally known as Typhoon "Dodong", has had a limited effect on shipping in the Philippines despite being one of the stronger storms to affect the Southeast Asian country this year. The ...
Malaysia Detains 1,018 Refugees
By Reuters 2015-05-11 03:34:26 Malaysia detained more than a thousand Bangladeshi and Rohingya refugees, including dozens of children, police said, a day after authorities rescued hundreds stranded ...