Hanjin Shipping has returned to the black for the first quarter of 2015, posting a net profit of KRW22.9 billion (USD21 million), reversing its first-quarter 2014 loss of KRW224.5 billion. The biggest ...
Hanjin Shipping returns to black
FSL Trust returns to profit
Singapore-listed shipowner First Ship Lease Trust (FSL Trust) has posted a profit of USD5.09 million for the first quarter that ended on 31 March 2015, returning to black after incurring a loss of ...
Top Ten Maritime News Stories 14/05/2015
Posted on: Thursday, May 14th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 14/05/2015 1. Seafarers Grabbed off Somalia Al-Shabab militants kidnapped 14 crew members of an ...
Tanjung Offshore hires new executive deputy chairman
Malaysia-listed offshore services provider Tanjung Offshore has redesignated Tan Kean Soon as new executive deputy chairman of the company effective 12 May, according to the company's filing to Bursa ...
China launches Myships.com
China Transport Telecommunications & Information Centre (CTTIC), a company affiliated with China's Ministry of Transport, launched Myships.com, China's independently developed maritime information ...
Capesize rates may see support in 2H15
The seasonal surge in iron ore shipments in the second quarter of 2015 may provide some relief for the battered Capesize sector. As bunker prices rose, shipowners pushed for higher rates, resulting in ...
U.S. Toughens South China Sea Stance
By Reuters 2015-05-14 00:05:22 U.S. Secretary of State John Kerry will leave China "in absolutely no doubt" about Washington's commitment to ensuring freedom of navigation and flight in the South ...
World’s First Fuel Cell Drone Unveiled
By MarEx 2015-05-13 23:50:44 Singaporean company Horizon Energy Systems (HES) unveiled HYCOPTER in Atlanta (AUVSI 2015) last week. HYCOPTER is the world's first hydrogen fuel cell powered ...
Causeway Bay Typhoon Shelter dredging starts
Dredging operations have started in Causeway Bay Typhoon Shelter in Hong Kong, according to a notice of Hong Kong Marine Department. The operations will be completed in approximately two months. The ...
New competition seeks to tackle maritime risk
Seafarers have been invited to take part in a new competition based on the risks they face, with a prize fund of USD10,000. In an initiative said to be the first of its kind in the industry, The ...


