Zim has cut its first quarter loss by 45% to $62 million as it awaits approval…
Category: Foreign News
Two firms combine strength to acquire LNG assets
Commodities shipper BW Group and Singapore’s Pavilion Energy have agreed to form a joint venture to…
Vietnam boat sinks after collision with Chinese vessel
A Vietnamese boat has sunk after it collided with a Chinese vessel near a controversial oil…
World Maritime University signs MoU with EIMA, Dubai
A Memorandum of Understanding (MoU) on Academic Cooperation was signed in Dubai between the World Maritime…
CMA CGM reports marginal increase in Q1 profits
The world’s third largest container line CMA CGM remained the black in the first quarter with…
Rosneft to acquire controlling shares in Seadrill
Russia’s Rosneft could buy a controlling stake in the world’s largest offshore driller, Norway’s Seadrill, after…
Greenpeace boards Transocean Spitsbergen rig
15 Greenpeace activists boarded the Transocean Spitsbergen semi-submersible drilling rig this morning in protest of Statoil’s…
UAE, Qatar vie to build region’s first LNG-powered harbour tug
The UAE and Qatar are vying to build the Middle East region’s first LNG-fuelled harbour tug…
Singapore port charges unlicensed bunker supplier
The Maritime and Port Authority of Singapore (MPA) has charged a Singapore-based company for unlawfully supplying…
Crew locates overturned hull of missing yacht, suspends search
The U.S. Coast Guard says the active search for the four-man crew of the missing yacht,…
Bangladesh salvages capsized ferry, 54 bodies recovered
Rescue workers in Bangladesh completed the search of a stricken river ferry on Saturday, bringing the…
Search team sees ‘light at the end of the tunnel’ in search of missing British sailors
The crew of a charter boat taking part in a search for four British sailors missing…