U.S. FMC commissioner backs Maersk-MSC deal with HMM

Commissioner of the US Federal Maritime Commission (FMC) William P. Doyle voted in favour of Maersk/MSC/HMM…

Bones found near salvaged Sewol ferry not human, says ministry 

South Korea on Tuesday said forensic examination showed bone fragments found near a salvaged ferry that…

Nine missing after ship sinks off Vietnam

Nine seafarers remain missing after their general cargo vessel Hai Thanh 26 BIDV sank some 44…

Tianjin port development full year results dip 

Tianjin Port Development Holdings Limited saw its full year results declined compared to the previous year…

SIPG records improved earnings for 2016

China’s Shanghai International Port (Group) Co (SIPG) has achieved improved earnings for 2016, with Shanghai port…

Ocean Rig files for bankruptcy restructuring

George Economou’s Ocean Rig and its subsidiaries have filed for bankruptcy restructuring with the appointment of…

Carnival Corporation off to a good start

Miami-based cruise company Carnival Corporation Plc has ended the first quarter of 2017 with a GAAP net…

China firms eye infrastructure projects around Panama Canal

Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief…

China Shipping Ports profit plunges 43% 

Cosco Shipping Ports (CSP) saw 2016 net profit drop by 43% to $247m from $429.3m previously…

PHOTOS: Buhari presides over FEC meeting

President Muhammadu Buhari on Wednesday presided over the weekly Federal Executive Council (FEC) meeting at the…

Senate admits buying controversial bulletproof Range Rover 

The Senate on Tuesday admitted that it bought a bulletproof Range Rover sports utility vehicle (SUV)…

Another Senator, Hope Uzodinma battles to clear name in 30 rice containers seized by Customs

The Chairman Senate Committee on Customs, Excise and Tariff, Senator Hope Uzodinma, on Tuesday, denied having…