Monthly Archives: March 2017

Hanjin Shipping, once the country's top shipping line,  will be delisted from the domestic bourse today (March 7), ending its eight-year trading history, Yonhap News Agency said citing industry sources. According to the Korea Exchange (KRX)…

The US Department of Justice has approved the establishment of G2 Ocean. Authorities in Poland, Germany and Brazil have already approved G2 Ocean. This means the joint venture between Gearbulk and Grieg Star is a vital step closer to reality.

The announcement on the 28th February of EMAS Chiyoda’s bankruptcy is the latest in a long line of vessel contractors to fall victim to the downturn since January 2015, says a report by Douglas-Westwood. Multiple companies such as Cal Dive, Ceona…

46th Safety Week Celebration was inaugurated in V.O. Chidambaranar Port. The Safety Week Celebration for the year 2017 commenced with the flagging off of safety procession by U. Rajendran, Traffic Manager, V.O.Chidambaranar Port Trust. A huge gathering of Officers & Employees of the Port…

South Africa’s  competition watchdog  is seeking to fine Japan’s Kawasaki Kisen Kaisha (K-Line) as much as 10 percent of its annual revenue in the country for colluding on a tender for the transport of Toyota Motor Corp. vehicles, reports Reuters.

The U.S. Navy and Japan Maritime Self-Defense Force (JMSDF) are participating in the annual bilateral training exercise MultiSail 2017, March 6-10. Participants include six U.S. Navy ships, two JMSDF ships, and a number of subsurface and other special ...

DryShips Inc., owner of ocean going cargo vessels, said it has exercised its second option under a previously announced option agreement to acquire up to four very large gas carriers (VLGCs) currently under construction at Hyundai Heavy Industries Co.,...