Ports and Shipping

TOKYO: Beijing is working on a merger of gigantic proportions.Two state-owned container shipping giants—China Ocean Shipping Co. (a.k.a. COSCO) and...

MUMBAI: Indian energy company Swan Energy and Belgian shipping firm EXMAR will jointly develop and operate India’s first floating liquefied...

PRETORIA: South Africa’s ports are ramping up for a bumper cruise season with at least eight luxury cruise ships and...

WASHINGTON: U.S. kraft paper shipments in October 2015 were 149.2 thousand short tons, 7.2% higher compared to October 2014, as...

WASHINGTON: Cupertino-based Apple saw sales of its iPhone models rising at a faster pace than smart phones produced by Samsung,...

Port of Napier, the country’s fourth-biggest container port, posted a 3.7 percent decline in annual profit as it spent $34...

NEW DELHI: The State government’s decision to develop a chain of minor ports all along the 974-km coastline is aimed...

NEW DELHI: The port has sought restructuring of the dues, envisaging containing the mandatory penal interest to Rs.14.05 crore. Cochin...

NEW YORK: Tonnage figures rebounded sharply at the Port of Catoosa in October, with gains fueled by increased outbound shipments...

MEXICO: Leading marine coatings manufacturer, Hempel, announces that since 1998 it has reached the extraordinary milestone of having sold 100...

HONG KONG: North Sea traders have been eying floating storage options this week as discounted prompt oil and a relatively...

BEIJING: A new market trend is emerging in the tanker market, as new “players” are joining the demand side. So...

HARROW: Four new transport networks will be created and three major ports built in Angola as soon as possible in...

LONDON: The Port of Long Beach is considering a creative approach to reducing the amount of time that containers sit...

WASHINGTON: Driven by growth in emerging markets, global mobile phone shipments in July-September 2015 reached 478 million units and Indian...

WASHINGTON: JinkoSolar has reported record shipments in the third quarter of 2015, while guiding fourth quarter shipments of between 1.4GW...

HONG KONG: The dry bulk market’s future prospects rely on supply. As such, the news that global dry bulk fleet...

BEIJING: With the rapid diversification of Hong Kong’s economy in recent years, it is often easy to forget that we...

BEIJING: Pakistan's strategically important Gwadar port, being developed by China as part of the $46 billion Economic Corridor linking both...

HONG KONG: Aegean Marine Petroleum Network Inc. announced financial and operating results for the third quarter ended September 30, 2015....