Back to overview Home Green Marine Readers’ Picks of the Week (Dec 28 – Jan 1, 2016) Readers’ Picks of the Week (Dec 28 – Jan 1, 2016) Business & Finance January 3, 2016 China Fines Eight Liner Companies Eight container shipping companies are facing fines from China’s Ministry of Transport for violation of freight rate-related regulations… Read More China Teaches Seven Car Carriers a Lesson China’s National Development and Reform Commission NDRC has fined seven shipping companies for taking part in price-fixing as the country aims to decrease compe… Read More Wan Hai Boxship Runs Aground off Hong Kong The Singapore-flagged containership MV Wan Hai 506, owned by Taiwan-based shipping company Wan Hai Lines, was refolated after it ran aground following its departure from t… Read More Three Bodies Recovered near Sunken Thorco Cloud, One of Them Missing Crew Member Three bodies have been recovered near the wreckage of the sunken Thorco Cloud and one of them has been confirmed as one of the six missing crew members of the sunken vess… Read More Explosion Aboard Cypriot-Flagged Bulker in Brazil An explosion has been reported on board a Cypriot-flagged bulker identified as Akaki on December 28th while the ship was anchored at the Port of Paranagua, Brazil… Read More World Maritime News Staff View post tag: Readers' Picks Share this article