Thornico Enters Dry Bulk Shipping
THORNICO launched its newest player on the shipping market, the dry bulk carrier Thorco Bulk. THORNICO already owns the project oriented carrier Thorco and with…
GAC EnvironHull a big hit with Rotterdam Port
Europe’s largest port is the latest to allow the GAC EnvironHull’s eco-friendly hull cleaning system to operate in its waters. The launch of HullWiper at Rotterdam…
M&A Deals Change the Landscape in the Container Ports Industry
Softening demand growth coupled with larger liner shipping alliances and bigger ships is moving the container ports industry towards a value sector from growth sector…
Hapag-Lloyd Begins Training Programs
Sixty-four young men and women started their careers at Hapag-Lloyd on yesterday (August 01). Chief Executive Office Rolf Habben Jansen warmly welcomed the new apprentices…
Seacor Misses on Revenue
For the quarter ended June 30, 2016, net loss attributable to Seacor Holdings Inc. was $55.2 million ($3.26 per diluted share). For the six months ended June 30…
Kali Acquires Florida Marine Power Company
Kali, Inc. has completed its acquisition of Florida Marine Power Company, a marine mechanical repair, maintenance and engine installation company. Kali acquired…
Japan Slams China Over Maritime Issues
Japan has accused China of being assertive over maritime issues, taking actions that effectively amount to a "fait accompli", reports Strait Times. In its 484-page…
China Clarifies Maritime Jurisdiction
The Supreme People's Court (SPC) on Tuesday issued a regulation of judicial interpretation to clarify China's jurisdiction over its territorial seas, reports Xinhua.
STX Heavy Under Rehabilitation Process
The Seoul Central District Court begins a rehabilitation process for STX Heavy Industries Co, after the financially strapped company applied for protection late last month, reports Yonhap.
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