BW LPG, the world's largest VLGC operator, has reported a rise in interim results on the back of strong US exports and Asian imports, while the outlook remains bullish, the company said in a ...
US exports lift bullish BW LPG’s interims
CSSC Holdings profit up 43% yoy in 1H15
Shanghai-listed CSSC Holdings, the flagship listed unit of China State Shipbuilding Corporation (CSSC), posted a 43% rise in profit to CNY171.7 million (USD26.8 million) in the first six months in ...
Sundo Shipping files for receivership
South Korean general cargo ship operator Sundo Shipping has filed for receivership. The company made the application to Seoul Central District Court on 25 August, and to secure an injunction to deter ...
BHP profits dive 86.2% as Australia wins ore war
BHP Billiton recorded an 86.2% profit plunge this week in its FY 2015 report, down USD1.91 billion. Following on similar profit slumps from miners Rio Tinto and Fortescue earlier this month, the ...
Senior Tianjin official dies after building fall
Dong Yongcun, director of the administrative approval department of Tianjin Transport Committee, died on 26 August after falling from the office building. The reason for his fall is still under ...
Mitsubishi’s investment in Olam reflects growing food demand
Mitsubishi Corporation's decision to buy 20% of Singapore-based commodity trader Olam International reflects growing food demand in emerging markets, IHS Maritime has been told. Japan's biggest ...
ASL Marine wins USD100 million contract haul
Singapore shipbuilder ASL Marine has revealed it has won SGD140 million (USD100 million) worth of contracts. The contracts, announced on 27 August, are to build tugs and barges for overseas customers ...
Hutchison, MUA resolve to strike a deal
Hutchison Ports Australia and the Maritime Union of Australia (MUA) on 28 August agreed to return to the negotiating table, adjourning a court hearing scheduled for next week. In a statement from the ...
Ezra, Chiyoda form JV
Singapore-listed offshore services provider Ezra Holdings (Ezra) has signed a memorandum of understanding (MOU) with engineering company Chiyoda to establish a joint venture (JV) in the subsea service ...
Wan Hai forms JV in Peru
Taiwanese carrier Wan Hai Lines has partnered with Transtotal Agencia Maritima to set up a joint-venture (JV) company in Lima, Peru. Wan Hai Lines Peru SAC, operative since August, will provide direct ...
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