The container shipping lines received an average rate 7% (42 USD) lower in 2016 than in…
Author: Ships & Ports
Florida Governor threatens to cut funding for ports doing business with Cuba
Florida Governor Rick Scott has threatened to cut state funding for any Florida ports looking to…
Singapore arrests South Korean ship for undisclosed reasons
General cargo vessel Korex SPB No. 2 has been arrested in Singapore waters, according to data provided…
Germany to skip tender for 1.5 billion euro warship purchase
The German Defence Ministry on Thursday said it would skip an open tender for the planned…
Amazon moves freight forwarding
Amazon.com is moving into the freight forwarder space in ocean shipping. The global online retailer has started…
China’s COSCO Shipping flags $1.44bn loss for 2016
China’s COSCO Shipping Holdings Co Ltd said it expects to post a net loss of 9.9…
Russian seaport cargo volumes hits historic high
According to figures released by the Russian Maritime Ports Association, the sector’s overall turnover rose 6.7…
Chinese shipbuilder scores world’s first
Wison Offshore and Marine has succesfully launched of its barge-based floating storage and regasification unit (FSRU)…
Paris MoU Detains Ship in Russian Port
The Paris MoU organization detained a general cargo vessel in Port of Rostov-on-Don, Russian Federation, on…
Royal Caribbean’s profit beats estimates, shares jump
Royal Caribbean Cruises Ltd forecast higher-than-expected adjusted earnings for 2017, putting the No. 2 U.S. cruise…
On the closure of Abuja airport
Recently the Minister of State for Aviation, Hadi Sirika, said the Nnamdi Azikiwe International Airport, Abuja will…
Malaysia’s Carey Island a wild card in Southeast Asian port scene
Malaysia’s latest Carey Island project is something of a wild card but is not expected to…