Greece is currently the South Korean shipbuilding industry’s top customer, according to a report by Clarkson Research Service. Specialized magazine www.hellenicshippingnews.it reports that Greek owners have placed orders for a...
profit of 2.4 billion dollars, intends to set important new goals for the future. HMM CEO Kyung Bae Kim said that their strategy is to ensure the company’s continued growth....
mainly due to the drop in demand at the beginning of the year. Slow steaming therefore seems to have been a compulsory choice for many shipping companies, dictated by the...
are expected to arrive by the end of the week. On average, ships currently have to wait between 8 to 12 days before they can be handled at Long Beach....
A series of strikes threatens to cripple Australian ports from October onwards. The Maritime Union of Australia has called for them to ask the terminal company Patrick Terminals to renew...
repeatedly. Immediately after the murder, the sailor was placed in custody by the ship’s captain and later handed over to the police when the container ship arrived in Los Angeles....
CGM and COSCO’s fleet capacity also decreased, from 1.17 and 0.86 to 0.89 and 0.15 million TEUs respectively. Overall, fleet capacity was 71% less, if smaller shipping companies are included....
will be equipped with high-performance, high-efficiency engines and an energy-saving system developed by Naikai Zosen. MOL said that compared to marine fuel oil, LNG reduces CO2 emissions by about 25%,...