October 16, 2017
Hyundai Merchant Marine announced that it will sell 120 million shares to raise a total of KRW693.6 billion (USD614 million) in two issues of KRW400...
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News
October 16, 2017
The corporate family rating of French shipping major CMA CGM has been affirmed at B1, the probability of default rating at B1-PD and the rating...
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October 16, 2017
A well-known football manager once commented on the “bouncebackability” of his team after they had followed a defeat with a victory. This year and last,...
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October 16, 2017
The Greek state has filed a petition with an Athens first instance court requesting insolvency proceedings against the troubled Hellenic Shipyards S.A at Skaramangas under...
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October 16, 2017
Container spot rates from Asia to North Europe slumped below $700 per teu this week, losing a further 3.9% in value. (more…)
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October 16, 2017
China imported 27.08 million mt of coal, including lignite, thermal and metallurgical coal, in September, up 7.2% from August and up 11% year on year,...
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October 16, 2017
HSH Nordbank expects to receive offers for the German shipping finance provider as a whole and not just for parts of the business, Chief Executive...
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October 16, 2017
China’s iron ore imports rose 11 percent in September from a year earlier to a record high, according to customs data on Friday, even as...
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October 15, 2017
The system is moving northeast at 25 miles per hour with top winds of 115 mph, according to the NHC. (more…)
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October 13, 2017
Jones Act shipping line TOTE Maritime, Jacksonville, FL, reports that overall productivity at the terminal in the Port of San Juan, Puerto Rico, is on...
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October 13, 2017
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the seventh straight session on Thursday, driven by...
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October 13, 2017
Major ports in India handled 326.4 million tonnes of cargo in the April-September period, an increase of 3.24% over the 316.1 million tonnes they handled...
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October 13, 2017
Pacific Basin Shipping Limited is exploring more acquisitions of second-hand tonnage. (more…)
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October 13, 2017
The world’s oil majors, beset by intimations of demand for their favorite product leveling off, seek comfort from an invisible friend. (more…)
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October 13, 2017
Owners of smaller containerships, with limited exposure to the volatile deepsea east-west trades, are enjoying increases in daily hire rates and enquiries for time extensions....
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