Ship attacks in Asian waters fell to a five-year low in the first half of 2017 but a recent incident suggests the resurgence of hijacking for oil cargo theft.
The seasonal lull in the tanker sector strikes an upbeat tone for demolition, a trend that coincides with firming scrap prices.
The 24th Global Insurance Forum held in London heard from a panel of experts in how they saw the London insurance market after the UK leaves to the European Union in 2019.
Kuehne + Nagel increased cargo bookings aggressively during the first six months, taking more market share in container freight sales from container lines and other forwarders.
Energy trader will not proceed with plan to acquire Optimum Coal Terminal Pty from the Tegeta Group.
Swissco announces the disposal sale on five offshore vessels.
Banks will scrutinise the self-rescue debt-restructuring efforts of DSME and Sungdong Shipbuilding & Marine Engineering as South Korea’s ailing shipbuilding industry is reeling from a state of meltdown due to mounting debts and a dearth of new orders.
South Korean liner operator Hyundai Merchant Marine continues to strengthen and lead its ship management business following the acquisition of Eusu Ship Management by Hyundai Glovis.
Hanjin Green remains unsold, after almost all of Hanjin Shipping’s fleet comprising container ships and bulk carriers have been put on sale to repay the company’s creditors.
The insurance market offers a range of products that offer specific cyber coverage, based on a variety of risks and mitigation measures.