Modest Volume Rise Fails to Counter OOCL’s Revenue Drop
Hong Kong-listed Orient Overseas Container Line (OOCL) saw a total volume rise of 4.2% in the first quarter of 2016 ...
read more →Stolt-Nielsen Off to a Good Start in Q1
Oslo-listed Stolt-Nielsen Limited today reported USD 30.4 million in net profit for the first quarter ended ...
read more →COSCO Corporation Sinks to Loss
COSCO Corporation (Singapore) Limited, a shipbuilding, marine engineering and dry bulk shipping group, suffered a ...
read more →Marine Port and Service Industry to Grow 4.7 Pct
The global marine port and service industry is forecast to grow at a Compound Annual Growth Rate (CAGR) of 4.7% ...
read more →Poor Judgement Led to Collision in Jebel Ali, Report Says
A number of safety measures were disregarded resulting in a collision on February 11, 2015, between the UK ...
read more →Study: Half of OSV Crews Can't Say 'No' to Clients
Some 50% of crews working on offshore support vessels are willing to compromise safety rather than say ‘no’ to ...
read more →FMC Releases Report on Congestion at U.S. Container Ports
A staff report released by the U.S. Federal Maritime Commission has identified cargo growth, investment ...
read more →Commercial Pressures Put OSV Crews at Risk
Some 50% of crews working on offshore support vessels (OSVs) are willing to compromise safety rather than say ...
read more →COSCO Pacific Bolsters Quarterly Profit by Fifth
The Hong Kong-headquartered COSCO Pacific handled 16.5 million TEUs throughout its container terminals in the first ...
read more →CLIA Sees Signs of Growth
23 million passengers are expected to sail on cruise ships in 2015, a four-percent increase over 2014 estimates of ...
read more →Chinese Ports Must Adapt to Increasing Consumer Strength
Chinese ports will continue to face pressure in throughput growth in the next two years, on the back of economic ...
read more →MES Earns Less
Japan’s Mitsui Engineering & Shipbuilding has posted JPY 557.93 billion (USD 4.75 bn) revenue for the ...
read more →Japan’s Shipping Heavyweights Stay in Black
Japan’s shipping trio Nippon Yusen Kabushiki Kaisha (NYK Line), Mitsui O.S.K Lines (MOL), and Kawasaki Kisen ...
read more →Stolt-Nielsen Disappointed with 2014
London-based provider of bulk-liquid transportation, storage and distribution services Stolt-Nielsen Limited ...
read more →DHT Holdings Returns to Black
Bermuda-based crude oil tanker owner and operator DHT Holdings reported annual net income of USD 12.9 million for ...
read more →UK Seafarers Unprotected from Unfair Competition
A new report from maritime specialists at Cardiff University into UK seafarers has found ineffective enforcement of ...
read more →Bocimar Ends Year on a Downer
Belgian dry cargo shipping specialist Bocimar has reported a USD 45.5 million operating loss for the annual period ...
read more →Slumping Economies Dent Europe-ECSA Container Volumes
Europe-East Coast South America (ECSA) container volumes will have shrunk in 2014 when the final data comes in, ...
read more →IMO Tackles Administrative Burdens in Maritime Industry
The International Maritime Organisation (IMO) has published a report containing the main findings and conclusions ...
read more →Containership Reliability Keeps Spiraling Down
Containership reliability declined for the second month in a row in December, according to Drewry’s enhanced ...
read more →Dublin Port Beats Prerecession Figures
Dublin Port Company published trade statistics for 2014 which show a record year for trade at Dublin Port, with ...
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