A decision to focus on container shipping may have affected Hanjin Shipping's efforts to improve its liquidity as the sector remains stagnated, an analyst has said. True Friend Korea Investment & ...
Container shipping glut hurting Hanjin Shipping
Malaysian Authorities Detain Three Vessels
By MarEx 2015-10-08 10:32:40 The Malaysian Maritime Enforcement Agency (MMEA) has detained the M/T Vitology and M/T An Phu outside of Johor, Malaysia. The vessels’ crews are suspected of engaging in ...
Oil Spills into UK North Sea
By MarEx 2015-10-08 09:59:06 Statoil has reported an oil spill near its Statfjord A platform in the UK North Sea. The Norwegian multinational company has responded to the incident, but states that ...
Oil Spills into U.K. North Sea
By MarEx 2015-10-08 09:59:06 Statoil has reported an oil spill near its Statfjord A platform in the UK North Sea. The Norwegian multinational company has responded to the incident, but states that ...
KDB chairman: ‘DSME might have more losses’
Daewoo Shipbuilding & Marine Engineering, already reeling from a massive second-quarter deficit after revealing hidden losses from offshore plant projects, could see its full-year result become ...
IKEA to make Incheon port its gateway to South Korea
Swedish furniture maker IKEA will export most of its goods to South Korea via Incheon port. IKEA, which opened its first store in South Korea in December 2014, made this decision after it began ...
Vigilance Still Crucial as Piracy High Risk Area in the Indian Ocean Reduced
Posted on: Thursday, October 8th, 2015 By: Debbie Source: Round Table Organisations representing the global shipping and oil industry have announced that the size of the ‘High Risk Area’ for piracy in ...
China gets tough on safety at Tianjin port
China has launched extensive safety inspections on companies handling dangerous goods in the vicinity of Tianjin Port. This is seen as showing its determination to clamp down on companies storing ...
‘Don’t jeopardise recycling capacity’, ECSA warns EU
The European Community Shipowners' Associations (ECSA) has said that Europe should trust class society judgements on ship recycling yards or risk putting off big players from signing up to ...
Shipping Australia predicts rise in reefer rates
Ratification of the Trans-Pacific Partnership (TPP) free-trade deal will be a boon for the Australian reefer trade, according to Shipping Australia Limited (SAL). The TPP, or Pacific Rim, trade deal ...
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