Product trades look set fair for development in the years to come. Interviews with leading product carrier owners in Denmark recently suggest that a 3% growth in product carrier trade over the next few years will fuel a substantial market growth.
Malaysia's Global Carriers Bhd remained in the red in the first quarter, posting a MYR3.96m ($1.24m) loss although this narrowed slightly from the MYR4.81m loss posted in the first quarter of last year.
Panama’s National Assembly has approved new legislation, Law 41, which restricts foreign-owned vessels in the maritime auxiliary services sector, a measure that has annoyed European countries and may violate several free-trade agreements (FTAs)...
The last Friday's Seatrade Asia Awards saw 400 top executives gather in Hong Kong to celebrate the very best in Asian shipping. To view pictures of the winners and the celebrations click on the two gallery links below.
The Malaysian Shipowners' Association (MASA) is asking for financial assistance from the government as they continue to struggle with the weak shipping conditions and high operating costs, MASA chairman Nordin Mat Yusoff was quoted as saying.
Iconic Singapore flavours are set to tantalise tastebuds at Singapore Nite@Nor Shipping. Five chefs specialising in Singapore cuisine have been flown in for this event to be held this evening at the Radisson Blu Plaza Hotel.
Singapore is actively engaging the global maritime community at Nor Shipping 2013. The Singapore pavillion, covering an area of 218.5 sq m, is jointly organised by the Singapore Maritime Foundation and the Association of Sinagpore Maritime...
Sat in the Sea Asia Show Daily office for the Sea Asia 2013 exhibition and conference we are surrounded by a frenzy of activity as hundreds of exhibitors set up for the three-day event. Sea Asia 2013, which we co-organise with the Singapore...