Daewoo Shipbuilding & Marine Engineering (DSME) could face a further loss of more than KRW1 trillion (USD872 million) in addition to its posted KRW2.3971 trillion loss in the second half of ...
DSME may face further losses
Indonesian pair to give BLT a cash injection
Struggling Indonesian chemical tanker outfit PT Berlian Laju Tanker (BLT) said on 9 October that two Indonesian businessmen are expected to make a USD10 million investment in the company. BLT, which ...
Clues sought from El Faro sister ship
Safety officials are questioning the master of the ro-ro vessel El Yunque for clues that may help the investigation into the sinking of its sister ship, El Faro. El Faro is presumed to have been lost, ...
Bahamas Maritime Authority praises ‘calm’ Comfort crew
The Bahamas Maritime Authority (BMA) has praised what it called the "professional and calm response" of the crew on board the ill-fated MOL Comfort. The 8,000 teu post-Panamax container ship broke up ...
Chemical tanker market still ‘oversupplied’
Chemical freight rates are not likely to return to pre-financial crisis levels anytime soon as there are still too many chemical tankers in the market, according to Italian broker Banchero ...
Egypt pressed for details on Suez Canal plans
The Egyptian government has been asked to clarify its plans for the development of the Suez Canal Economic Zone (SCZone) as it seeks foreign investment to meet its ambitious investment goals for the ...
Container rates plummet
Container freight rates fell in August after two months of gains and came close to their 20-month low, according to figures released by UK-based Container Trade Statistics (CTS). The company's freight ...
Migrants Suffer Less Hunger than Those Who Stay
By MarEx 2015-10-12 05:23:51 Despite progress in reducing hunger worldwide, hunger levels in 52 of 117 countries in the 2015 Global Hunger Index remain “serious” (44 countries) or “alarming” (8 ...
Philippine Cargo Ship Crew Thwarts Attempted Piracy
Posted on: Monday, October 12th, 2015 By: Debbie Source: CTV news The quick-thinking crew of a Philippine cargo ship thwarted a possible hijacking or robbery at sea on Saturday in the country’s ...
Top Ten Maritime News Stories 12/10/2015
Posted on: Monday, October 12th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 12/10/2015 1. Shell Letters of Comfort Ship owners exporting Nigerian oil would have to sign a ...
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