Maersk drillrig

The Maersk Drilling business is expected to be sold by the end of the year, A.P. Moller-Maersk said.

Maersk container ship

The liner shipping unit of Maersk Group reported a 2017 profit of USD541 million, turning around a loss of USD376 million that was posted the previous year but falling USD95 million short of its profit forecast.

APM terminal

The loss came despite a rise in volumes handled at facilities owned and operated by the world’s fourth-largest container terminal operator to 39.7 million teu on an equity-weighted basis.

Esshu Maru

Hong Kong’s CLP Holdings has announced plans to invest in a USD3.15 million LNG export terminal in Saguenay.

1998-built 73,220 dwt bulk carrier Andhika Kanishka

Jakarta issued new shipping rules for coal and crude palm oil that would restrict exporters to use Indonesian-flagged vessels, raising concerns among shippers that could affect export volumes.

An offshore construction vessel, Chang De, formerly known as Teras Sunrise

Singapore’s Ezion restructuring is on track, having secured a six-year, USD1.5 billion refinancing package while CEO Chew Thiam Keng and his family offer 100 million personal shares.

Hanjin Heavy Industries & Construction shipyard.

South Korea’s shipbuilders suffer full-year losses for 2017

Maersk Line container

Even a costly cyber attack was not enough to drag Maersk Line into a loss or dampen Skou’s confidence that his carrier would achieve the bold 2017 profit target set earlier in the year.

Umm Qasr.

The Philippines-based port operator said strong demand in Iraq had paved the way for expansion.

One of Bourbon’s 508-strong fleet of vessels

Bourbon warned that the offshore market recovery could be slow and the impact on vessel hire rates could be held back by continued vessel overcapacity.