Like a weary boxer, the Capesize freight market crumbled just before the knockout blow of escalating US - China tension.
Mitsui OSK Lines (MOL) and Magsaysay Maritime Corp have officially inaugurated their new training academy in the Philippines which features a “ship-in-campus” - first in the country.
The Shanghai International Shipping Institute’s (SISI) most recent second quarter Global Port Development Report showed the effect of some the current trade and economic issues on the global sea freight market.
Despite Maersk Line's stance that sulphur should be removed from marine fuel at the refining stage, the Danish shipping giant is going to install scrubbers on a limited number of vessels.
Some 200 senior shipping figures from around the globe attended an evening reception at London’s Somerset House to wish a well-deserved and happy retirement to Peter Hinchliffe, who stood down from his position as secretary general of the International Chamber of Shipping (ICS) over the summer.
Shipping giant Maersk Group is set to announce an organisational restructuring according to Danish newswire Ritzau Finans.
Dorian LPG has fired back that BW LPG has been “disingenious” to say it has been unresponsive to the Singapore-owned company's takeover proposals.