Hanjin Shipping’s HQ Raided
The headquarters of South Korean conglomerate Hanjin Group and its affiliates have been raided earlier today by the Seoul prosecutors amid corruption allegations…. Read more
Richard Branson Orders Three Cruise Ships, Homeports One in Miami
Richard Branson’s Virgin Cruises has signed a binding letter of intent with Italian shipbuilding company Fincantieri for three new mid-size ships, and has selected PortMiami as the home port… Read more
Grimaldi Orders Five Green PCTCs
Italian shipowner Grimaldi Group has signed an agreement for the construction of five Pure Car Truck Carriers (PCTCs) with the Chinese shipyard Yangfan, a total investment worth USD 300 mill… Read more
Maersk Linked to USD 2 Bln Order at HHI
South Korean shipbuilder Hyundai Heavy Industries (HHI) has been reported to had signed a Letter of Intent with Danish shipping conglomerate Maersk for construction of up to 16 ships of 14,0… Read more
Shipping Will Need 42,500 Officers by 2019
Shipping will require an additional 42,500 officers by the end of 2019 to cope with the expected growth in the main cargo carrying fleet, equivalent to 7% growth over the five year period, a… Read more World Maritime News Staff