European shipowners' body ECSA has appealed to the European Parliament to stiffen up the European Commission's proposed EU port services regulation, notably by re-including proposals to open up ...
ECSA appeals for tougher EU port services stance
Teekay LNG plans NOK700 million plus bond issue
Teekay LNG Partners, the listed gas carrier unit in the Bahamas-based Teekay group, says it plans to raise at least NOK700 million through unsecured bonds with maturity in 2020. "Teekay LNG Partners ...
Non-existent container price discipline indicates weak 2015
A sharp fall in the container spot rates last month indicates that there is no discipline in pricing in the industry in its low season and suggests a weaker than foreseen 2015, a senior analyst ...
China, ‘Philippines Violating South China Sea Code’
By Reuters 2015-05-05 09:43:40 China has accused the Philippines of violating a 13-year-old informal code of conduct in the South China Sea with its building work on disputed islets, firing back ...
Forty Migrants Reported Drowned in Mediterranean
By Reuters 2015-05-05 09:25:57 Around forty migrants died in the Mediterranean on Sunday, according to survivors of the journey who arrived on the southern Italian island of Sicily on Tuesday, local ...
Deepwater Horizon Searchable Database Comes Online
By MarEx 2015-05-05 09:09:17 A new online tool developed by the National Oceanic and Atmospheric Administration (NOAA) to manage and integrate the massive amounts of data collected by different ...
Corsica Ferries buys cruise ferry from Silja
French ferry operator Corsica Ferries has bought the 2,000-passenger cruise ferry, Silja Festival, from Silja Line operator, the Tallink Group of Estonia, for an undisclosed sum. The French group, ...
Newcastle coal exports back on track after record storm
Shipping has begun to return to normal at Australia's largest coal port this week after wild weather battered the Hunter Valley in late April, forcing vessels out to sea and closing rail tracks ...
Evergreen Holding’s shipbuilding segment profit shrinks
Evergreen Holding Group, the parent group of Sinopacific Shipbuilding, posted a 15% year-on-year (y/y) decline in the operating profit for its shipbuilding segment in 2014 amid depressed newbuilding ...
Exmar helps breathe life to krone bond market
A tap issue of three-year notes by Exmar, the listed Belgian gas carrier owner, on the Norwegian bond market has breathed further life to the market after a slow start of the year. Exmar Netherlands, ...