Thoresen Thai Agencies (TTA) has reported a loss of THB273m ($8.7m) for the third quarter to 30 June, down from a THB2.3bn loss in the same period last year. Excluding a THB192m foreign exchange loss and a provision on coal inventories, the group...
The port of Singapore saw its container handling volumes hit the highest this year in July with throughput at 2.95m teu, according to preliminary estimates by Maritime and Port Authority of Singapore (MPA).
Singapore-listed offshore vessel builder and owner Otto Marine returned to the black in the first half of the year with a $20.8m net profit.
While Hapag Lloyd reported a second quarter profit its former merger suitor Neptune Orient Lines (NOL) remained firmly in the red at an operating level.
There has been a clear downward trend in bunker prices over the course of this year, but the apparently positive market direction is not expected to bring much cheer to shipowners simply because bunker prices are still extremely high by historical...
Nine seafarers are missing after a barge capsized in the Singapore Strait on Wednesday.
Classification society Lloyd's Register (LR) has inked a contract with Maritime and Port Authority of Singapore (MPA) to develop operational procedures and technical standards required to develop LNG bunkering capabilities in Singapore port.