Healthy dry bulk rates and rising OSV utilisation contribute to the surge in bottom line.
A high number of ships have been sold in recent months, weakening fundamentals impact on market.
More MR tankers being contracted amid refinery expansion.
The club’s Asian operating company, Standard Asia, has entered a co-operation agreement with China’s biggest general insurer, Ping An.
Land & Water is to develop a wetland near Rainham, UK, to create a habitat for protected migratory bird species through the re-use of dredged material.
As utilisation levels increase, Egypt’s ports are looking to both domestic and international investors to fund expansion projects.
Rapid economic expansion in Ethiopia has highlighted the need for additional transhipment hubs in east Africa to support growing trade.
The Chinese state-owned group established a joint venture in North Korea before sanctions were imposed; commercial issues could arise
Paolo d’Amico will take up his new role at DIS on 1 January 2019, the day after current chief executive Marco Fiori is due to stand down for personal reasons.
The largest non-state-owned Chinese shipbuilder, which is listed in Singapore, disclosed its ambition when it announced results for the third quarter of 2018 on 7 November.