South Korea's Ministry of Oceans and Fisheries (MOF) will co-operate with the Colombian government to upgrade the port of Buenaventura. The MOF said in a press statement, "We will support the ...
South Korea to develop Colombia’s Buenaventura port
DSME sinks to red ink from 1Q15 loss
The financial result of South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has deteriorated into red ink for the first quarter of 2015. DSME, the country's third-biggest ...
Top Ten Maritime News Stories 18/05/2015
Posted on: Monday, May 18th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 18/05/2015 1. Tanker Becomes Repeat Victim A small product tanker has been hit by robbers stealing its ...
More Record-Breaking Container Ship Orders
By Wendy Laursen 2015-05-18 03:04:22 Maersk Line is said to have reached an agreement with Daewoo Shipbuilding & Marine Engineering (DSME) for an order of up to 11 mega container ships with a ...
Korea and Japan Vie for Mega Container Ship Orders
By Wendy Laursen 2015-05-18 03:04:22 Maersk Line is said to have reached an agreement with Daewoo Shipbuilding & Marine Engineering (DSME) for an order of up to 11 mega container ships with a ...
Shipbreaking market slow with falling prices
The sale of ships for recycling slowed last week as more shipowners refused to accept anything less than USD400 per ldt for their vessels. The deluge of Capesizes and other dry bulk carriers being ...
Angelicoussis orders two more tankers at DSME
The Angelicoussis Group has ordered another two Suezmax tankers at Daewoo Shipbuilding & Marine Engineering (DSME). DSME said on 18 May that Angelicoussis had ordered two 156,000 dwt oil tankers, ...
Port Klang completes South Channel dredging
Malaysia's Port Klang Authority said on 15 May it has completed dredging works to deepen the South Channel entrance from 16.5 m to 18.5 m. The works, which began in November 2014, was completed at end ...
STX O&S bags order for up to eight LR1 tankers
South Korean shipbuilder STX Offshore & Shipbuilding (STX O&S) said on 18 May that it has won an order for up to eight LR1 tankers for a long-term charter deal with Royal Dutch Shell. STX ...
Australia’s Fremantle port up for sale
Plummeting ore prices and lost royalties have forced the Western Australian government to include its prized container terminal and general cargo port of Fremantle in a AUD5 billion (USD4 billion) ...
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