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Ship Operations

Mumbai: K Line (India) Private Limited (KLIN) is diversifying for the first time into coastal shipping.
The administrator of the Panama Canal Jorge L. Quijano has defended its pricing structure as “fair”, and said the decision by Maersk Line to switch its Asia – US East…
Shanghai: Cosco Shipping (Coscol), an arm of China's state shipping conglomerate China Ocean Shipping, revealed deep losses in the first quarter due largely to low freight rates.
Shanghai: Taiwanese carrier Evergreen Line is joining forces with China's Cosco and Israel's Zim to upgrade their fleet operating in the Far East – South America Service (ESA).
Manila: Leading ship manager Thome Group is celebrating its 25th anniversary in the Philippines, as it continues to expand globally.
Manila: With a single entity now in charge of overseeing the implentation of STCW in the Philippines Nicasio Conti of the Maritime Industry Authority (Marina), says they “are ready” for…
St. Petersburg: Net profit at Russian state owned OAO Sovcomflot (SCF) fell 38.2% to $33.2m in 2012 from $53.7m in 2011.
Seoul: A joint venture between SK Shipping and Marubeni Corporation will buy two LNG carriers to transport shale gas to South Korea from 2017.
Singapore: The port of Singapore has raised its competitiveness by reviewing its dues structure and rates, and enhancing the Maritime Singapore Green Initiative.
Singapore: The lifting capacity of heavy lift vessels is expected to continue to rise as cargoes get larger and more complicated, according to owners specialising in the sector.
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