Shipping has begun to return to normal at Australia's largest coal port this week after wild weather battered the Hunter Valley in late April, forcing vessels out to sea and closing rail tracks ...
Newcastle coal exports back on track after record storm
Evergreen Holding’s shipbuilding segment profit shrinks
Evergreen Holding Group, the parent group of Sinopacific Shipbuilding, posted a 15% year-on-year (y/y) decline in the operating profit for its shipbuilding segment in 2014 amid depressed newbuilding ...
Exmar helps breathe life to krone bond market
A tap issue of three-year notes by Exmar, the listed Belgian gas carrier owner, on the Norwegian bond market has breathed further life to the market after a slow start of the year. Exmar Netherlands, ...
Ocean Yield plans further expansion after 1Q15
Ocean Yield, a listed Norwegian tonnage provider controlled by the Aker group, said it is prepared to continue its expansion after reporting a steady profit for the first quarter of 2015. Group net ...
U-Ming Marine sees prospect in bulk shipping
Taiwanese bulk carrier U-Ming Marine stated on 5 May that the infrastructure construction in emerging markets such as China and India will bring opportunities for bulk shipping. Asian Infrastructure ...
China Shipping Haisheng back to profit in Q1
China Shipping Haisheng, a Shanghai-listed unit of state conglomerate China Shipping Group, posted CNY140 million (USD22.5 million) in profit for the first quarter of 2015, returning to black from a ...
UOBKayhian recommends ‘buy’ for Yangzijiang
Singapore-based brokerage house UOBKayhian has recommended a 'buy' status for Yangzijiang Shipbuilding Holdings because of its resiliency amid the difficult shipping environment. UOBKayhian ...
Taizhou Sanfu’s profit up 54% y/y in 2014
Private-run Chinese shipyard Taizhou Sanfu Ship Engineering's profit increased 54% year on year (y/y) to CNY436.7 million (USD70.4 million) in 2014 because of business expansion into the manufacturing ...
Top Ten Maritime News Stories 05/05/2015
Posted on: Tuesday, May 5th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 05/05/2015 1. Blaze onboard Hanjin Box Ship Suez Canal Authority said it controlled a blaze in a ...
SGX freight derivative trades surge 700%
The number of dry bulk freight contracts traded via the Singapore Exchange (SGX) jumped 700% year on year to 14,154 contracts in April. SGX said that open interest has almost doubled since the start ...
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