Twenty-six people, comprising the masters and owners of 13 oil and chemical tankers and their relevant company officials, have been charged with violating the Maritime Safety Act. The Ulsan Coast ...
Tanker owners probed for Ulsan breach
Maersk orders nine MR tankers
Maersk Tankers, the product tanker unit in the AP Moller-Maersk group of Denmark, says it has ordered nine medium-range (MR) vessels from the Samsung Heavy Industries Ningbo shipyard in China. "The ...
News insight: Tracing Somalia’s illegal fishing
Sustainable fishing initiative Secure Fisheries claims that illegal, unregulated, and unreported (IUU) fishing "is the biggest cause for concern" with regard to Somalia's fishing industry - and if not ...
Four dead, five missing after vessels collide off Taiwan
Four fishermen died while another five are still missing after fishing vessel Shih Hui 31 collided with cement carrier Asia Cement 2 on 18 September off Taiwan. Asia Cement 2 was en route to Taichung ...
AMSA bans fifth vessel from Australian shores
The Australian Maritime Safety Authority (AMSA) has banned its fifth vessel from Australian ports for "serious and repetitive failings in the vessel's operations and maintenance", it reported on 21 ...
CMES receives $116m in government subsidies
China Merchants Energy Shipping (CMES) has received a total of CNY741 million (USD116 million) in government subsidies granted for demolitions of old tonnage and fleet renewals. The government ...
GAIL invites fresh bids for USD7Bn LNG newbuilds
GAS Authority of India Limited (GAIL), a government owned entity, has again invited tenders to charter nine LNG newbuilds for transporting nearly 6M tonnes of LNG annually from the United States to ...
Hapag-Lloyd IPO mooted by mid-November
German container line Hapag-Lloyd is determined to push ahead with its planned initial public offering (IPO) faster than expected, according to local press reports. The company, which has Chilean ...
Genting bags majority stake in Lloyd Werft
Malaysian multinational Genting Group today sealed its takeover of German shipbuilder Lloyd Werft after two months of negotiations. The group, which has cruise shipping interests and is an investor in ...
Maersk Line names north China head
Maersk Line has announced the new head of its operation in north China. Anderson Luo will take over the role in Qingdao from Mike Fang on 1 November. Fang moved in July to Shanghai to become head of ...
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