Global shipping companies have reduced their calls at South Korean ports despite adding more worldwide services,…
Category: News
DSME seeks court approval for debt rescheduling
After collecting the necessary consents for its rescue plan, the financially troubled shipbuilder Daewoo Shipbuilding & Marine Engineering…
EU calls for renewed efforts to battle resurgent piracy off Somali coast
The resurgent piracy attacks off the vast Somali coastline is a result of the growing insecurity…
Secondhand market heats up for small containerships
A lack of orders for smaller containerships over the past few years, with operators focused on large…
Singapore court approves judicial management for Swissco
A Singapore court has approved the application made by Swissco Holdings to be placed under judicial…
Man arrested for smuggling sperm
Thai authorities arrested a man trying to smuggle six vials of sperm into Laos, a customs…
U.S. court rejects Frontline’s last-minute bid to stop BW-DHT deal
A U.S. court has rejected a last-minute effort by billionaire investor John Fredriksen’s Frontline to prevent…
Zombie companies (like DSME) threaten to eat Asia’s future
By Michael Schuman Any horror aficionado knows that the only good zombie is a dead zombie.…
Perilous journey through the Mediterranean Sea
Everyday, thousands of African migrates attempt to cross the Mediterranean Sea into Europe in search of…
Top quotes of the day
“If we block the land borders and allow operators of free trade zone to bring in…
Police rescue two kidnapped Turkish Workers in Akwa Ibom
The Akwa Ibom Police Command says it has rescued two Turkish nationals kidnapped on April 9…