As the container industry revenues are contracting faster than carriers can cut costs, the shipping consultancy…
Category: News
Maersk Drilling looks to avoid laying up rigs
Maersk Drilling expects the weak market to continue in the short and medium term but still…
Salvage team boards stricken drilling rig in Scotland
A salvage team has made it on board the grounded Transocean Winner in Scotland as part…
Slowdown in shipping industry impacts Clarksons’ earnings
London-based provider of integrated shipping services Clarkson PLC (Clarksons) has seen a robust performance during the first…
Russia’s latest deepwater terminal now fully operational
Port Bronka, the new outlying deepwater terminal in St Petersburg, is reported to have successfully completed…
Japan to build island missile defence system
The Japanese government has decided on a plan to develop land-to-sea missiles with a range of…
New trade route for natural gas opens in Panama
When the Panama Canal’s expanded locks slid open in late June, perhaps no one was happier…
Evergreen books bigger loss in second quarter
Taiwan’s largest container carrier Evergreen Marine saw its losses widened in the second quarter ended 30…
Indonesian Port Operators Association fear Pelindo monopoly
Fears of a monopoly on port services in Indonesia have prompted the Indonesian Port Operators Association…
Customs generate N385.7bn revenue in 6 months
The Nigeria Customs Service (NCS) said it generated N385.7 billion revenue from January to June this…
Drug Smuggling: UK jails Turkish sailors 42 years
Two Turkish sailors have been jailed for a total of 42 years in relation to the largest…
Bangladesh inaugurates Payra Port
Bangladesh’s Payra Bandar (Payra Port), located at the southern region of Patualhali, was inaugurated and opened for…