Green Marine
Commerzbank Reduces Shipping Loans by USD 2.7 Bn
Germany’s Commerzbank continued with its efforts to dispose of bad shipping loans in 2017.
India’s Major Ports See More Volumes in First Nine Months
Major ports in India handled 560.9 million tonnes of cargo during the period April 2017 to January, 2018.
Ice Traps Russian Ferry Carrying 127 Passengers
Igor Farkhutdinov, carrying 127 passengers and 42 shipping containers, stuck in thick ice off the coast of Japan.
BPA Looking into Key Issues under New Port Futures Project
British Ports Association is looking to examine emerging threats to and opportunities for British ports.
Pan Ocean Reaps Fruit from Dry Bulk Recovery
Pan Ocean has reported a 50.48 pct profit jump in its full-year results for 2017.
Port: Fujairah Oil Spill Not Caused by Ship-to-Ship Transfer
The recent oil spill off the Port of Fujairah was not the result of a ship-to-ship transfer.
MacGregor Acquires Marine, Offshore Businesses from TTS Group
MacGregor is to acquire marine and offshore businesses from TTS Group.
Guy Platten New Secretary-General of ICS
Guy Platten is to take on the role of Secretary-General at the International Chamber of Shipping (ICS).
DFDS CEO: Europe’s Growth Will Ease Brexit Talks Uncertainties
Smedegaard: Despite the Brexit issue, UK’s economy is still growing, but at a slower pace.
ICTSI Basra Continues Investment in Iraqi Port Terminal
ICTSI continues 2nd phase investment in Iraq’s new container terminal at the Port of Umm Qasr.
Western Bulk Returns to Profit
Western Bulk made a profit of USD 4.3 million in 2017, recovering from the loss of USD 20.1 million in 2016.
Infographic: UK’s Reliance on Seafarers
The maritime charity Seafarers UK has published a new infographic that shows the UK’s reliance on seafarers.
Report: Panama Canal’s LNG Tanker Traffic to Surge by 50 Pct
Panama Canal’s LNG tanker traffic could go up by 50 percent amid increasing exports of fuel from the US.
HMM, Hapag-Lloyd, MSC and ONE Enter Vessel Sharing Deal
Liner majors in a new vessel sharing agreement on Asia to West Coast of South America services.