Shanghai-listed COSCO Shipping, the first listed subsidiary of COSCO Group, posted a profit of CNY253.5 million for the first quarter of 2015, returning to black from a loss of CNY13.1 million in the ...
COSCO Shipping back to black in Q1
12 Cranes Work Simultaneously on Container Ship
By MarEx 2015-04-28 03:43:57 CMA CGM’s newest vessel CMA CGM Kerguelen has made its first call at the Port Klang Port Terminal in Malaysia. The terminal has set up a unique arrangement for the ...
AVIC International, Deltamarin venture into EPC business
Singapore-listed Chinese shipbuilding group AVIC International Maritime Holdings and its subsidiary Deltamarin are venturing into engineering, procurement and construction (EPC). Their joint venture, ...
Sembcorp Marine’s profit drops 15.2%
Singapore-listed offshore services provider Sembcorp Marine suffered a drop of 15.2% year on year to SGD108 million (USD81.8 million) in its profit for the first quarter ended 31 March 2015. The ...
Sewol captain gets life sentence
The captain of Sewol, the ferry that capsized last year, has been jailed for life after the prosecution appealed for a harsher penalty. The appeals court in South Korea handed down the harsher ...
Top Ten Maritime News Stories 28/04/2015
Posted on: Tuesday, April 28th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 28/04/2015 1. IMO Makes Ferry Statement The IMO Conference on the enhancement of safety of ships ...
Ferry Captain Guilty of 304 Homicides
By Reuters 2015-04-28 01:03:55 The captain of a South Korean ferry that sank last year, killing 304 people, was found guilty of homicide by an appeals court on Tuesday and sentenced to life in ...
PSA starts up new terminal in Dammam
Singapore-listed port operator, PSA International, has started up a new terminal in Dammam, the capital of Eastern Province, Saudi Arabia. The terminal operation was commenced by Saudi Global Ports ...
Philippines plans laws to facilitate shipping
Laws to ease shipping in and out of the Philippines could come into effect before next year's elections, a senior trade source said. Various legislative initiatives are underway, Sergio R Ortiz-Luis ...
CSCL’s profit surges in Q1
China Shipping Container Lines' (CSCL's) profit increased more than three times year on year (y/y) to CNY249 million (USD40 million) in the first three months of 2015, as a result of sharply lower ...
Footer
