Singapore’s maritime industry faces a labour shortage, but being a maritime hub is much more than being an employer of sailors, says Hemant Pathania, managing director and chief operating officer of NYK Shipmanagement in Singapore.
Pan Ocean’s former vice-chairman takes helm of struggling shipbuilder Daewoo Shipbuilding & Marine Engineering’s normalisation process.
The government secured a 174-165 vote in favour of the decree on Thursday, after having failed to muster a majority in a previous vote.
Profits to fall at Russian ports following unprecendented fines.
Awilco LNG would raise NOK215 million (USD25 million) in fresh equity targeted from existing and potential new investors.
Fincantieri has reached an agreement to acquire a majority stake in French rival STX France but has run into renewed opposition.
MSC Cruises is preparing to put the first of its Vista-generation vessels, MSC Meraviglia, into service.
The North P&I Club plans to base its new European subsidiary in either Ireland or Luxembourg.
Marco Polo Marine has filed a stay order with the High Court of Singapore to restrain legal proceedings against it as it proceeds with financial restructuring.