Pressure mounts on carriers to cut costs  

As the container industry revenues are contracting faster than carriers can cut costs, the shipping consultancy…

Maersk Drilling looks to avoid laying up rigs  

Maersk Drilling expects the weak market to continue in the short and medium term but still…

Salvage team boards stricken drilling rig in Scotland  

A salvage team has made it on board the grounded Transocean Winner in Scotland as part…

Slowdown in shipping industry impacts Clarksons’ earnings

London-based provider of integrated shipping services Clarkson PLC (Clarksons) has seen a robust performance during the first…

Russia’s latest deepwater terminal now fully operational

Port Bronka, the new outlying deepwater terminal in St Petersburg, is reported to have successfully completed…

Japan to build island missile defence system  

The Japanese government has decided on a plan to develop land-to-sea missiles with a range of…

New trade route for natural gas opens in Panama  

When the Panama Canal’s expanded locks slid open in late June, perhaps no one was happier…

Evergreen books bigger loss in second quarter  

Taiwan’s largest container carrier Evergreen Marine saw its losses widened in the second quarter ended 30…

Indonesian Port Operators Association fear Pelindo monopoly

Fears of a monopoly on port services in Indonesia have prompted the Indonesian Port Operators Association…

Police launch manhunt for suspected killers of Apapa port dockworker 

The Lagos State Police Command has launched a manhunt for some members of the Oodua Peoples’…

Terminal operators groan as dollar scarcity, low cargo volumes persist

Private terminal operators, otherwise known as concessionaires, operating at the nation’s seaports are facing difficulties in…

NPA MD turns activist again, calls for boycott of DSTV for ‘extortion’

Managing Director of the Nigeria Ports Authority (NPA) Hadiza Bala Usman has called on Nigerians to…