As operations at Tianjin port resumed after the explosions of 12 August, analysts have been attempting to quantify the likely impact on trade. Brian Jackson, senior IHS economist for China Regional ...
Blasts affect Tianjin regional trade
Fuel piracy incidents drop in July
ReCAAP Information Sharing Centre (ISC), the Singapore-headquartered anti-piracy watchdog, posted no fuel siphoning incidents for the month of July 2015. "The recent arrest of eight perpetrators ...
IEV profit up 58.6%
Singapore-listed offshore engineering company IEV Holdings (IEV) posted a profit of MYR8.6 million (USD2.1 million), up 58.6% year on year for the second quarter ending on 30 June 2015, despite ...
Singamas Container profits down 24% in 1H15
Hong Kong-listed container manufacturer Singamas Container said its profits fell 24% year on year (y/y) to USD10.1 million in the first six months of 2015 due to the falling selling prices of ...
Clarksons profit hit despite strong 1H15
Clarksons' profits have taken a hit, despite the shipping services company reporting a strong performance in the 1H. Its interim results released today show its pre-tax profit fell to GBP10.8 million ...
VLCC rate fall put in context
VLCC rates may have halved from the start of the year but ship owners should see the situation in context, brokers told IHS Maritime. Rates for the benchmark Gulf-Far East route averaged Worldscale ...
Thailand’s RCL stays in profit
Regional Container Lines (RCL) of Thailand has managed to remain in profit, despite second-quarter results considerably lower than last year. It posted a net gain of THB55 million (USD 1.55 million) ...
Atlas Iron shoulders USD1 billion loss
Pilbara miner Atlas Iron recorded an AUD1.378 billion (USD1 billion) loss for financial year 2015, while revenue slumped 35% to AUD718.5 million. Atlas Iron also reported a shipment of ore to China ...
IBM link to further boost Singapore maritime safety
The Maritime and Port Authority of Singapore (MPA) is to collaborate with IBM in 'first of a kind' research to improve maritime and port operations in Singapore using analytics-based technologies. The ...
Sainty Marine loses USD9.9 million lawsuit
Shenzhen-listed Sainty Marine has lost a legal action brought against it by Jiangsu Zhangjiagang Rural Commercial Bank and must now pay CNY63.5 million (USD9.9 million) in an overdue bill of exchange ...
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