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Retailers ask U.S. to help resolve shipping crisis 

U.S. retailers, bracing for a new blow right in the middle of the critical holiday-stocking season, asked the government to step in and help resolve a growing crisis...

Cocaine found In Coca-Cola shipping container 

Workers at a Coca-Cola factory in southern France opened a shipment of orange juice but found a huge shipment of cocaine instead. The Coca-Cola factory in the town of...

CSCL sinks to $125m loss in first half

China Shipping Container Lines Company (CSCL) saw its first half results slumped to a loss of RMB834.57m ($124.96m), impacted by the weak container shipping market...

Hyundai Heavy Industries

Hyundai Heavy to build two tankers for Enterprises Shipping 

Greece-based shipping company Enterprises Shipping and Trading has placed an order for two 158,000 dwt tankers with South Korea’s shipbuilder Hyundai Heavy...

Hyundai Heavy

Hyundai Heavy to build two tankers for Enterprises Shipping 

Greece-based shipping company Enterprises Shipping and Trading has placed an order for two 158,000 dwt tankers with South Korea’s shipbuilder Hyundai Heavy...

maritime-sector

Crisis hits maritime sector as 20 shipping companies shut operations, 3000 workers lose jobs

The Maritime Workers Union of Nigeria (MWUN) yesterday, said no fewer than 20 shipping companies, had shut operations in Nigeria due to unfavourable government policies,...

cargo - cstoms

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 half of 2016 despite continued challenging...

Maersk Line

Maersk warns U.S. against protectionism

Danish conglomerate, A. P. Moeller-Maersk A/S, which owns the world’s largest container shipping company – Maersk Line, is voicing concern as a potential shift...

‘Short, sharp shocks’ for shipping forecast despite returning demand growth

Increased volatility in newbuilding activity will force a structural change to future shipping cycles, Maritime Strategies International (MSI) has forecast. The...

Shipping must disclose or risk being exposed – Moore Stephens  

The shipping industry must adopt a transparent, proactive approach to corporate governance or else risk exposure to business and reputational damage, according to...

Study shows how shipping boom worsens air pollution over China, killing thousands

A boom in shipping is aggravating air pollution in China and other nations in East Asia, causing thousands of deaths a year in a region with eight of the world’s...

Shipping confidence inches up but remains low: Moore Stephens

  The overall confidence levels in the global shipping industry have risen slightly in the three months to May this year but still remain low, according to the...