Seaman Guard Ohio

Nautilus International has called on Prime Minister Theresa May to take action to help secure the release of the crew of counter-piracy ship Seaman Guard Ohio in India.

Kwai Tsing container terminal

Terminals in Africa and Latin America showed the strongest growth over the course of the first quarter.

Gunsan Port, South Korea

South Korean president Moon Jae-in and officials from North Jeolla province are looking into ways to save Hyundai Heavy Industries’ Gunsan yard.

Pacific Winner

Slower Chinese growth weakens Brazilian iron ore exports this year.

STX O&S' Goseong shipyard.

The Korea Development Bank has agreed to issue refund guarantees for STX Offshore & Shipbuilding' recent ship orders.

Mermaid Maritime secured work for the Mermaid Sapphire in the Gulf of Thailand. Credit: Geir Vinnes

Market conditions remain tough for the offshore sector, but new contracts secured will improve vessel utilisation and boost cashflow. 

OPEC members Nigeria and Libya are simultaneously enjoying a resurgence of crude exports, a positive for tankers because it puts more volume at sea, but a potential negative if it prompts long-haul export cuts by Saudi Arabia.

DP World Cochin

DP World has yet to reap the dividends originally envisaged since opening India Gateway Terminal Pvt Ltd at Kochi in 2011.

Hamburg Rathaus

Insurance broker Junge & Co has pruned back its executive board from two to one, with managing director Olaf Fölsch expected to lead the business as sole chief executive officer in future.

Gioia Tauro port.

Management and staff at the southern Italian port of Gioia Tauro have been locked in discussions over reducing the labour force for two years. On 15 June those discussions concluded with the signing of a deal that both sides said they were pleased with.