Green Marine
HMM Narrows Loss, Counts on Improved Rates and Volumes
Both freight rate and container volumes are highly likely to increase in the next two quarters, the company said.
BIMCO Elects Its First Female President
BIMCO elected Şadan Kaptanoğlu, managing director of HI Kaptanoglu Shipping, as new President on May 14.
Yang Ming Forms Subsidiary in Indonesia
The new company will operate from three branch offices.
COSCO Shipping Ports Finalizes Deal for USD 3 Bn Peru Port
Port of Chancay became COSCO Shipping Ports’ first greenfield subsidiary in South America.
Avance Gas Fetches USD 515 Mn Refinancing
Avance Gas would enable refinance its outstanding debt with the USD 515 million credit facility.
Norway, IMO Join Forces on Reducing Shipping’s GHG Emissions
The project will support the IMO GHG reduction strategy.
Shipping Industry Concerned About Rise of Protectionist Measures
Shipowners expressed their concern over recent trade developments impacting the shipping sector.
Epic Gas Names New Chairman, Cuts Loss
Epic Gas has appointed a new Chairman as it narrowed its loss in the first quarter of the year.
Malta Becomes Newest Hong Kong Convention Member
Convention members now represent more than 28.8 percent of world merchant shipping tonnage.
North Korea Demands Return of Cargo Ship Seized by US
North Korea demanded the immediate return of the bulker seized by the US earlier in May 2019.
10,010 TEU Neopanamax Sets Ecuador Record after Port of Guayaquil Upgrades
The milestone was enabled by the dredging of the 95-kilometer main access channel leading to the port.
Update: Two Dead, Several Injured after Explosion at Chittagong Shipbreaking Yard
Two workers died and several others sustained injuries.
Cameron LNG Export Terminal Begins Production
LNG exports to international markets expected to commence in the coming weeks.
Solomon Trader Refloated, Destined for Scrapyard
The ill-fated bulker Solomon Trader has been refloated in the Solomon Islands.