Somali pirates have released a small dhow which authorities feared could be used to launch attacks on…
Category: News
CMA CGM ship catches fire off Spain
The 9,415 TEU containership CMA CGM Fidelio caught fire while it was sailing off the coast of…
Four firms bid for Greece’s Thessaloniki port
Greece has received three binding bids for a majority stake in Thessaloniki, its second-largest port, as…
MOL takes delivery of world’s largest containership
The world’s largest containership, the MOL Triumph, has been delivered to Mitsui OSK Lines (MOL)…
Shipping corporation of India modernizes fleet
The Shipping Corporation of India (SCI) has rejuvenated its outdated fleet slashing its age by almost a…
Baltic Exchange unveils changes to dry bulk indices
As part of the changes being made to its Supramax Index, the London-based Baltic Exchange will…
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…
Reps investigates DPR over oil block licenses, signature bonuses
The House of Representatives began its investigation on leakages within the Department of Petroleum Resources (DPR)…