The challenging market conditions in the container shipping industry continued to add pressure to Japan’s three…
Category: News
2 seriously injured in scaffolding accident aboard ship
Two crewmembers of the bulk carrier Shanghai Spirit were seriously injured in a scaffolding accident at Port Alma…
Agency to abolish special shipping requirements in Denmark
Out of the 33 special requirements that Denmark has for ships flying the Danish flag, four have been…
Trump appoints Republican to chair Federal Maritime Commission
US President Donald Trump has replaced Democrat Mario Codero as chairman of the Federal Maritime Commission…
Work to begin on Nicaragua Canal in first quarter of 2017
Construction of the controversial US$50 billion Nicaragua Canal is set to get underway in the first…
MOL’s nine month profits up to $163m
Mitsui OSK Lines (MOL) increased its nine-month earnings for FY2016 reporting profit of JPY19.03bn ($163.33m), but…
NYK hit by massive $2bn loss on impairments
Japan’s NYK slumped to a near $2 billion loss in the first nine months of FY2016…
Senate committee vows to block leakages in aviation sector
The Senate Committee on Aviation has vowed to work within its powers to block leakages in…
Reps seek revocation of oil bloc licenses
The House of Representatives would seek revocation of oil bloc licenses issued without due…
MOL’s nine month profits up to $163m
Mitsui OSK Lines (MOL) increased its nine-month earnings for FY2016 reporting profit of JPY19.03bn ($163.33m), but…
NYK hit by massive $2bn loss on impairments
Japan’s NYK slumped to a near $2 billion loss in the first nine months of FY2016…