By MarEx 2015-05-12 05:17:23 Human Rights at Sea (HRAS) has been informed that trafficked people have been abandoned at sea in the northern part of the Malacca Straits and around the north west of ...
HRAS Warns of Thousands Abandoned at Sea
Sainty Marine dismisses bankruptcy possibilities
Shenzhen-listed Sainty Marine's chairman dismissed suggestions that the shipbuilder will go broke on a series of defaults. The company is actively dealing with the defaulted bank loans, Wang Shuhua, ...
South Korea shipbuilders to win more tanker orders
South Korean shipbuilders are likely to win more tanker orders as cash-rich tanker operators are willing to invest in new vessels, said an analyst. Hana Daetoo Securities analyst Park Moo-hyun said in ...
Seafarers’ welfare poor in Asia Pacific
Record keeping and labour conditions remain deficient in the Asia Pacific, according to the Tokyo MOU's latest annual report. The report, released on 12 May, noted that while port state detentions ...
‘K’ Line clinches LNG carrier deal
Japanese shipping company Kawasaki Kisen Kaisha ('K' Line) has sealed a timecharter contract with compatriot trading house Mitsui & Co for an LNG carrier. The LNG carrier, to be built by Imabari ...
ITF: Barrow Island is ‘port of convenience’
An International Transport Workers' Federation (ITF) conference in Perth, Australia, on 11 May declared Chevron's Barrow Island a 'port of convenience' (POC), vowing worldwide union opposition to the ...
African Stowaway Found Dead in Philadelphia
By Wendy Laursen 2015-05-12 03:27:50 The body of a man, presumed to be a stowaway from Africa, has been found in the cargo hold of a ship carrying bags of cocoa beans to the U.S. The UK-flagged Sian ...
Zhenghe Shipbuilding files for restructuring
Zhejiang Zhenghe Shipbuilding has filed for restructuring at a Chinese court because of operational difficulties resulting from financial problems. On 31 March, the People's Court of Dinghai District, ...
Prices slide as more Capesizes torched
Shipowners have had to settle for less than USD400/ldt for Capesizes as such vessels are flooding the recycling market. Cash buyers do not expect the barrage of Capesizes to stop anytime soon, with no ...
China ports throughput falls in April
Chinese major ports handled 955.9 million tonnes of cargo in April, down 1.5% year on year (y/y), data released by the Ministry of Transport (MOT) showed on 12 May. According to the MOT, the cargo ...
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