JUser: :_load: Unable to load user with ID: 55

Dry Cargo

Hong Kong: Chinese demand for logs is benefitting shipping companies with the right kind of vessels to take advantage of the demand, according to a news wire report. The demand…
Shanghai: China Shipping Development Co (CSDC) narrowly managed to stay profitable in 2012 but is looking to delay taking deliveries of some new vessels in view of the oversupplied shipping…
London : Shipowner and charterer Noble Group, Asia’s largest commodities company, was already expressing alarm when head of chartering R. Raghunath met with Seatrade Global recently.
Oslo: John Fredriksen’s Frontline 2012 scraped its way to a $0.7m profit in the fourth quarter, bringing its full year profit to $8.1m, as it nearly doubles its newbuilding programme.
Seoul: South Korea-based Sungdong Shipbuilding & Marine Engineering landed a contract to build a total of 10 capesize dry bulk carriers including three options.
Hamburg: Heavy lift specialist Rickmers-Linie is launching a westbound round the world service connecting Asia, South America and North America.
Shanghai: China Cosco Holdings Co. (China Cosco) may sell assets worth as much as RMB27bn ($4.3bn) to its parent, Bloomberg reports.
Copenhagen: Restructuring and impairment costs on top of low freights have dragged Torm to a pre-tax loss of $579m.
Asia's largest commodities company Noble Group will shortly take delivery of the last of a series of six post-panamax bulker newbuildings, but confirms its strategy is to remain "asset light"…
Athens: Leading Greek shipping advocate and European Union rapporteur, Anna Bredima, has called for more pressure to be put on the European Union and legislative authorities in general in a…
Page 246 of 250