Baltic Dry Index recovery encourages ship sales, allowing shipowners to buy more vessels.
New guidance on cyber risk management coming from the US Coast Guard aimed specifically at terminal operators could be a guide for vessel operators looking to install a cyber risk management scheme through their safety management systems.
Keppel FELS enters into an agreement whereby the construction contracts for the five jackup rigs for Transocean will be novated to Borr Drilling.
Goseong O&S, which has been under a court-led restructuring programme, attracts seven potential bidders.
The biggest container port in the country, Felixstowe will also order two new ZPMC ship-to-shore cranes for Berths 8&9 able to handle the largest container ships afloat.
The rate assessment for the route was marked down by 16.5% at the end of last week, following on from a 45% increase the previous week.
Martin Ewence, a former Royal Navy Commander with significant operational experience in complex environments, led a small team to the Niger Delta to study oil theft in 2013. In this first person piece, he assesses what has changed in the past four years.
Th sub-saharan country has set itself ambitious goals, including becoming a logistics hub for the Democratic Republic of Congo, Burundi, and South Sudan.
The Danes view shipping as a competence based industry and sheer size of its biggest company A.P. Moller-Maersk has allowed it to act as an incubator of skills that have benefitted not just the group itself, but the country's maritime cluster.
Nam Cheong’s auditors cast doubts on the company’s ability to continue as a going-concern after the group suffers a significant decrease in revenue and a net loss of USD9.64 million for 2016.