OPEC oil output rises in May as cartel exempts Nigeria

  OPEC oil output rose in May, the first monthly increase this year, a Reuters survey…

Japanese shipping giants become ONE

The container businesses of K Line, MOL and NYK will operate under the trade name Ocean…

Hapag-Lloyd to sack 1,300 workers after UASC merger

The completion of the merger between German’s container carrier Hapag-Lloyd with UAE-based counterpart UASC will result in…

Germany’s Rickmers Group set to file for insolvency

    German shipowner Rickmers Group is to file for insolvency after HSH Nordbank denied approval…

Climate danger looms as Trump sets to pull out of Paris deal

  Donald Trump wasn’t exaggerating when he said during his election campaign that the U.S. could…

French President Macron wants review of STX shipyard sale to Fincantieri

French President Emmanuel Macron said on Wednesday he wanted to review the terms of a recent…

Dozens of migrants rescued from burning rubber dinghy off Spain

Dozens of migrants were rescued at the weekend after jumping from a rubber dinghy that had…

Alphaliner: Global port volume growth revised to 4.6% 

Driven by strong volume growth recorded across key container ports in the first quarter of 2017,…

Argentina port inspectors to begin three-day strike

Inspection workers at Argentina’s ports began a three-day strike on Wednesday, shutting down the bulk of…

Shanghai Shipyard lands order to build two bulk carriers

Shanghai Shipyard, a subsidiary of China State Shipbuilding Corp (CSSC), has clinched an order to build…

Oman Drydocks receives valemax giant 

Oman Drydocks has docked its largest ever vessel in the shape of the valemax Sohar Max.…

Indonesia wants to buy more crude oil from Nigeria, says Envoy

Indonesia, a South East Asia emerging economy, has indicated interest to purchase more crude oil from…