Daewoo Shipbuilding Told by Exchange to Improve Financials
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, was told to improve its financials within a year before its shares can resume trading, the stock exchange said.
Cosco Eyes Hanjin Terminals After $738 Million Abu Dhabi Deal
China Cosco Shipping Corp., owner of Asia’s biggest container-shipping company, said it could consider buying some container-terminal assets of the troubled Hanjin Shipping Co. after agreeing to spend $738 million on a new port in Abu Dhabi.
Ship Finance: Chinese Leasing Companies’ More Prominent Role
With ship finance from the traditional lending base more difficult for many to access since the global financial crisis, Asian finance has increased in prominence globally.
Top Stories
October 8, 2014
Scorpio Tankers Announces Amendments to Its Management Agreements
Scorpio Tankers announced that it has entered into an agreement to amend its Administrative Services…
October 8, 2014
Seanergy sees revenue increase in second quarter
Seanergy Maritime Holdings Corp. announced its financial results for the second quarter and six months…
October 8, 2014
China’s August LNG imports rise on pipeline outage
LNG imports into China rose by nearly 60% year on year in August after outages…
October 8, 2014
Current iron-ore price equilibrium to continue - Vale
Brazil’s Vale, the world’s largest iron-ore exporter, said it expects balanced supply and demand in…
October 8, 2014
Vroon: New base in Mozambique
Vroon Offshore Services has made a strategic move into Mozambique, a company announcement reveals: In…
October 8, 2014
Cosco completes new cruise ship pier at port
Cosco’s management at the Piraeus Port Authority (OLP) this week announced the completion of a…
Editor’s Picks
September 30, 2016
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Seanergy sees revenue increase in second quarter
Seanergy Maritime Holdings Corp. announced its financial results for the…
September 29, 2016
Seanergy Announces Agreements to Acquire Two Dry Bulk Vessels
Seanergy Maritime Holdings Corp. announced today that it has entered…
September 23, 2016
DryShips Announces Vessel Sale
DryShips, an international owner of drybulk carriers and offshore support…
September 21, 2016
Aegean Marine Petroleum Network renews $1 bln secured global borrowing base
Aegean Marine Petroleum Network announced that it has successfully renewed…
Finance & Economy
October 8, 2014
Scorpio Tankers Announces Amendments to Its Management Agreements
Scorpio Tankers announced that it has entered into an agreement to amend its Administrative Services…
October 8, 2014
Seanergy sees revenue increase in second quarter
Seanergy Maritime Holdings Corp. announced its financial results for the second quarter and six months…
October 8, 2014
Daewoo Shipbuilding Told by Exchange to Improve Financials
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, was told to improve its…
October 8, 2014
Ship Finance: Chinese Leasing Companies’ More Prominent Role
With ship finance from the traditional lending base more difficult for many to access since…
October 8, 2014
South Korean Court Is Considering Sale of Hanjin
The South Korean court overseeing Hanjin Shipping Co.’s receivership is considering a sale process for…
Shipping News
October 8, 2014
Piraeus: Port Authority issues tender to remove sunken
The Piraeus Port Authority (OLP) announced an international tender to remove a shipwreck that constitutes…
October 8, 2014
U.S. West Coast dockworkers, shippers to talk contract
Shipping companies and a powerful dockworkers union have agreed to discuss a possible extension to…
October 8, 2014
Hanjin Collapse May Help Fuel Tech Start-Ups
The global shipping industry, ravaged by collapsing revenues, defensive mergers and the failure of major…
October 8, 2014
The Bulkcarrier Orderbook: Long Story, Short Tale?
Depressed dry bulk market conditions have put severe financial pressure on owners in recent times,…
October 8, 2014
S. Africa: Global shipping firms raided over suspected
Six of the world’s biggest container shipping companies were raided by South African authorities on…
Ports
October 8, 2014
Cosco completes new cruise ship pier at port
Cosco’s management at the Piraeus Port Authority (OLP) this week announced the completion of a…
October 8, 2014
Piraeus: Port Authority issues tender to remove sunken
The Piraeus Port Authority (OLP) announced an international tender to remove a shipwreck that constitutes…
October 8, 2014
Cosco Eyes Hanjin Terminals After $738 Million Abu
China Cosco Shipping Corp., owner of Asia’s biggest container-shipping company, said it could consider buying…
October 8, 2014
Cosco Shipping Signs $738 Million Deal to Expand
Cosco Shipping Co., a unit of China’s biggest shipping group, agreed to build and operate…
October 8, 2014
U.S. West Coast dockworkers, shippers to talk contract
Shipping companies and a powerful dockworkers union have agreed to discuss a possible extension to…
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