Pacific Basin Shipping is well on its way back up turning around in 2013 to a small $1.5m net profit from a $158.5m loss the year before despite a weak market.
Taiwan dry bulk shipper Courage Marine turned in a third consecutive year of net losses in 2013 with a $1.8m loss, although this was a significant improvement from the $10.4m loss the year before.
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The dream of using the Northern Sea Route from Europe to Asia has been around for over 100 years. This is increasingly becoming a reality now with China even dubbing it the “Golden Waterway” with predictions that up to 15% of its international...
The Australian Maritime Safety Authority (AMSA), along with researchers at the Universities of Queensland and Western Australia, has commenced a three year project to discover what makes a “safety culture” in the shipping industry. During this...
The Navios group of companies commemorated their 60th anniversary with a luncheon and company presentation at the New York Stock Exchange (NYSE) last week, culminating with Angeliki Frangou ringing the closing bell. The day’s events continued...
The Port of Tyne has just reported its highest cargo volumes for more than 50 years, handling 8.1m tonnes of cargo in 2013, a 22% increase on 2012. But not all ships calling at the Northeast of England port have been welcomed with open arms...
