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Finance & Economy
October 4, 2015
McDermott International Files for Chapter 11 Bankruptcy
U.S. oilfield services provider McDermott International Inc said on Tuesday it would file for prepackaged…
October 4, 2015
DIV Group to Buy Kleven Verft
Croatian DIV Group has agreed with Norwegian expedition cruise operator Hurtigruten to acquire Kleven Verft,…
October 4, 2015
Safe Bulkers Refinances $105.2 Million of Existing Loan
Safe Bulkers, an international provider of marine drybulk transportation services, announced that the Company has…
October 4, 2015
Samsung Heavy likely to receive compensation over order
Samsung Heavy Industries Co., a major shipbuilder in South Korea, is likely to receive US$318…
October 4, 2015
Sea-Vista Announces Refinancing of Credit Facilities, Commencement of
SEA-Vista, an indirect wholly-owned subsidiary of SEACOR, announced that it entered into an amended and…
Shipping News
October 4, 2015
China tax changes unlikely to boost marine fuel
Chinese oil refiners are unlikely to boost their output of cleaner marine fuels until at…
October 4, 2015
Baltic index falls on weaker demand for vessels
The Baltic Exchange’s main sea freight index fell to a near one-year low on Thursday,…
October 4, 2015
Transition to IMO 2020 marine fuel sulfur limit
The International Maritime Organization said in a statement Tuesday that the transition to its global…
October 4, 2015
IMO’s marine fuel rules sets shipping industry for
The global shipping market is set for a recovery, benefiting from new global rules on…
October 4, 2015
Maersk Jacks Up Fuel Surcharge as Shipping’s Biggest
The world’s largest container shipping line is hiking up a fuel surcharge that it imposes…
Ports
October 4, 2015
Port of Long Beach moves over 7.6 million
The Port of Long Beach navigated a trade dispute with China, new technology and evolving…
October 4, 2015
MSC picks Piraeus for homeporting from 2021
Leading cruise operator MSC Cruises announced on Wednesday in Athens a first for the Swiss-based…
October 4, 2015
China-US phase one deal could boost Hong Kong
The port of Hong Kong, once the world’s busiest, could get a boost after the…
October 4, 2015
LNG bunkering on the up at Port of
2019 was a relatively safe year for shipping in the port of Rotterdam. Over the…
October 4, 2015
Port of Hedland Iron Ore Exports on The
Pilbara Ports Authority has delivered a total monthly throughput of 64.6 million tonnes (Mt) for…