China’s ailing shipbuilding sector has seen a near one-third year-on-year decline in newbuilding orders over the…
Author: Ships & Ports
South Korea eyes trade hub, eases oil terminal rules
South Korea is in the process of easing blending restrictions at its oil storage terminals as…
Global shipyard capacity down by 62%
The number of active shipyards on a global scale has dropped by 62 percent since the…
Maersk Line introduces new cyber security measures following Petya attack
Maersk Line has introduced new cyber security protective measures following the Petya attack that disabled its…
Indonesian President orders officers to shoot drug traffickers
President Joko Widodo of Indonesia on Saturday instructed law enforcement officers to shoot drug traffickers to…
U.S. warship Fitzgerald likely at fault in collision with containership
The crew of the USS Fitzgerald was likely at fault in the warship’s collision with a…
New alliances affect Malaysian port throughput
Malaysian port operator Westports Holdings Berhad saw a 5 percent decline in its total throughput volumes during…
Baltic Dry Index hits two-month high
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on…
Svitzer wins work at Bangladesh’s 1st LNG import terminal
Excelerate Energy Bangladesh Limited (Excelerate) has awarded Svitzer a fifteen-year contract to provide marine support services…