By MarEx 2015-05-07 08:57:48 Maersk Line announced today that Iran has released the M/V Maersk Tigris and its crew, which were seized last month in the Strait of Hormuz, one of the world's major oil ...
Seized Maersk and Crew Safely Released
Seized Maersk Vessel, Crew Safely Released
By MarEx 2015-05-07 08:57:48 Maersk Line announced today that Iran has released the M/V Maersk Tigris and its crew, which were seized last month in the Strait of Hormuz, one of the world's major oil ...
IM Skaugen cuts loss and continues to drive direction change
IM Skaugen (IMSK), an Oslo-listed small LPG carrier and lighterage tanker operator, has cut its losses and continues to drive a strategic change of direction. Group net losses for the first quarter ...
Maersk Tigris leaving Iran’s waters
A container ship arrested by Iran's Revolutionary Guard on 28 April is today on the move, IHS' AISLive data confirmed. Maersk Tigris was arrested by the Iranian Revolutionary Guard while transiting ...
Two Hong Kong marine officers to face trial over collision
Two Hong Kong maritime officials facing charges over a vessel collision which claimed 39 lives in 2012 will go on trial on 26 May. Ping-chi So, 58, Hong Kong Marine Department assistant director, was ...
Celestyal Cruises goes for growth in Cuba
The Louis Group's Celestyal Cruises has increased its holding in the recently created Cuban cruise operator Cuba Cruises in the wake of the recent thaw in relations between the US and the Caribbean ...
Korea Line hit by USD37 million compensation order
South Korean dry bulk shipping company Korea Line Corporation (KLC) has been ordered to pay an amount equivalent to 8.15% of its equity capital in compensation to Greek shipowner Carras Hellas. The ...
Costamare offers preferred equity
US-listed shipping companies are increasingly shifting to sales of perpetual preferred shares as opposed to common equity, with yet another preferred deal just announced. On 6 May, container-ship ...
Box ship in collision leaves Yangon port
Officials have allowed a container ship involved in a collision with a sand carrier in Yangon port to leave the port. Singapore-flagged Panja Bhum collided with sand carrier Zwe Myint Myat Tun 3 near ...
Two Sainty Marine executives resign
Shenzhen-listed Sainty Marine's general manager and deputy general manager have ended their stints at the company recently, as the company had defaulted on a CNY63 million (USD10 million) bill of ...
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