International Container Terminal Services Inc (ICTSI) has pulled out of a concession to develop a terminal at the Port of Lekki near Lagos, Nigeria.
Hong Kong-listed Qinhuangdao Port Co has projected a surge in net profit for its first half ended 30 June 2017 in view of the improving market conditions.
Singapore’s Vallianz Holdings has entered into a set-off and settlement agreement with its second largest shareholder Rawabi Holding Company, potentially allowing the Saudi Arabian firm to become Vallianz’s biggest stakeholder.
Taiwan’s port of Kaohsiung has completed the handing over of three container berths, previously operated by the now-defunct Hanjin Shipping, to Hyundai Merchant Marine (HMM) on Thursday, increasing the number…
The Baltic Dry Index (BDI) continues to be battered by falling freight rates, dragging itself through another week of sub-1000 point action.
Asian shipowners have flagged concerns over practical onboard compliance with the Maritime Labour Convention (MLC) 2006 and the STCW Code.
Hapag-Lloyd and United Arab Shipping Co (UASC) have completed their merger and will now focus on the integration of the two companies.
The Master of a containership committed suicide on a voyage from New York to Tilbury in the UK.