Singapore-listed Indonesian feeder operator Samudera Shipping Line incurred a USD3.79 million loss for the third quarter of 2016 as it took a hit from Hanjin Shipping’s descent into receivership.
Teekay Offshore Partners, the offshore and marine arm of Teekay Corporation, has terminated orders for two of three accommodation vessels at Singapore-listed COSCO Corporation, the shipbuilding arm of the China COSCO group.
SEACOR Holdings has launched a merger offer for GulfMark Offshore, in what analysts believe could be the first of multiple consolidation moves within the embattled offshore service vessel (OSV) sector.
Iran’s Ports and Maritime Organisation (PMO) is understood to have issued a general pre-qualification invitation to international operators to enter Bandar Abbas container terminal in a scheme aimed at the existing Terminal 1 as well as the future Terminal 2, currently under construction.
Scandlines is introducing two hybrid-fuel ferries for service linking Gedser and Rostock
Daewoo Shipbuilding & Marine Engineering (DSME) said on Wednesday that it has completed the sale of its office building in Seoul’s Jongno district as Hyundai Heavy Industries (HHI) bounced back to profitability.
As Singapore seeks to import more liquefied natural gas (LNG), the city-state will allow the import of third-party spot LNG.
Tasmania is going ahead with plans to build Australia’s sixth international container terminal, despite the failure of shipping reforms to deregulate the coast.
Offshore oil and gas firm says it is doing all it can to assist seafarers who have been stuck on a Swiber Holdings-owned vessel in Dubai.
Port officials in Manila said the introduction of a new terminal appointment and booking system has substantially reduced the possibility of a repeat of the congestion that has plagued facilities in the city for the past two years.
Pacific Radiance will refinance its existing term loans, cutting USD103 million off its repayments in the next three years.
Ship arrests have seen the date for the complete offloading of Hanjin's ships pushed back from into November, more than two months after the carrier collapsed.
Having the “right” crew still remains a challenge for today’s ship managers, North of England Tony Baker tells Shipping and the Law event.