Sete Brasil to seek up to $5 bln funding
Sete Brasil Participações SA presented a draft reorganization plan on Friday that includes seeking up to $5 billion in funding and downsizing business, three monthsâŚ
APM Terminals Pipavav Q1 Net Zooms 60%
APM Terminals Pipavavâs (Gujarat Pipavav Port Ltd) today posted a 60 per cent rise in standalone net profit to INR 59.75 crore for the first quarter ended June 30, 2016 on the back of lower expenses.
Crystal Serenity Goes to Arctic
The cruise ship MV Crystal Serenity, owned by the US-based Crystal Cruises, is scheduled to set sail from Seward, Alaska to New York on a 32 day, 1,500 km journeyâŚ
Maersk Paints a Gloomy Picure
Danish shipping conglomerate A.P. Moeller-Maersk A/S has reported a plunge in profits in the second quarter in the face of tough market conditions. Maersk's quarterlyâŚ
A Bumpy Ride: China's New Maritime Silk Route
China has been pressing ahead with its âOne Belt, One Roadâ (OBOR) initiative â comprised of the Silk Road Economic Belt and the 21st-century Maritime Silk RoadâŚ
CMA CGM Launches New EURAF 6 Service
CMA CGM Group has launched its new service EURAF 6 by cooperating with a partner under a slot swap agreement. Enhanced service coverage with a second loop directâŚ
Madagascar Workshop Promotes Dumping of Wastes at Sea Regulations
A national workshop promoting the treaty covering dumping of wastes at sea, the London Protocol, was held in Antananarivo, Madagascar (11-12 August). The workshopâŚ
Vivek Bhatia New CEO of Thyssenkrupp AsiaPac
Vivek Bhatia (38) will become the new CEO of thyssenkrupp Asia Pacific effective October 1, 2016. He succeeds Dr. Stefan Schmitt (40), who will move to thyssenkruppâŚ
