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Shanghai: China Cosco Holdings continued to bleed red ink in the first quarter despite narrowing its losses from a year ago.
Lagos: Container ship Hansa Marburg has been attacked and four crew kidnapped 130nm off the coast of Equatorial Guinea, operator Leonhardt and Blumberg says.
London: The London P&I Club's ship inspection programme has revealed a continued failure to meet onboard safety standards relating to enclosed space entry, despite relevant paperwork showing otherwise.
Greece's Angeliki Frangou, the driving force behind the burgeoning Navios Group, often catches the market by surprise, but seldom surprises. Well, very seldom surprises, as she is never one to…
Dubai: DP World chairman Sultan Ahmed Bin Sulayem told stakeholders the Dubai maritime giant handled 12.8m teu globally in the first three months of 2013.
Singapore: Regional boxship player Samudera Shipping is expecting tougher operating conditions in intra-Asia routes, due largely to depressed freight rates from vessel oversupply.
New York: Classification society ABS grew its fleet by 4% last year to reach 193m gt despite the difficulties faced by the shipping market.
Piraeus: Navios Group has agreed to acquire 10 ships with $130m in cash and $170m in loan from the debtors of HSH Nordbank through a new joint venture named Navios…
Singapore: First Ship Lease (FSL) Trust reported a larger net loss in the first quarter over the previous year due largely to its exposure to Torm.
Taipei: Evergreen Marine, Taiwan's leading container line, will add two new containerships into its Far East-Europe service in late April.
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