Ports and Shipping

BERN: Commodities giant Gunvor Group has sold a 74% stake in OJSC ―Ust-Luga Oil‖, the operator of Ust-Luga Oil Products...

AMMAN: The Aqaba Special Economic Zone Authority is working to reverse a decision by Maersk, the company managing Aqaba's container...

ATHENS: Royal Bank of Scotland (RBS) is looking to offload its $5bn Greece ship finance business, Reuters reports. The aim...

SW Infrastructure, a part of Sajjan Jindal-led JSW Group, will be investing Rs 2,000 crore over the next two years...

AMMAN: A ship carrying liquefied natural gas (LNG) is scheduled to arrive at Aqaba Port on Friday to supply the...

COLOMBO: The Sri Lankan government is to looking to attract overseas involvement in the running of two new port terminals...

NEW YORK: Port owners and operators, PD Ports has completed the acquisition of the entire issued share capital of Groveport...

US:  Apple Inc.’s PC shipments see a slide amid global PC shipment decline, Garter Inc. is reported to have recently...

US: Steel shipments and imports posted small monthly gains in May, but fell sharply year-over-year. Shipments, the amount of steel...

CHINA: China Merchants Holdings International, China’s largest port operator on the mainland, is urging terminals along the maritime silk road...

US: Competitive working agreements among all container ports on America's West Coast could be the answer to cargo diversions to...

Los Angeles Harbor Commission members and other port officials plan to travel to Chile, a major fruit-exporting country, and three...

SINGAPORE: Singapore’s port is a microcosm of its economic trajectory over the decades, mirroring ingrained outward impulses and forward-looking strategies,...

SINGAPORE: Singapore trader Hin Leong has sold 50,000 barrels of gasoline in the Singapore cash market, traders said here the...

ATHENS: Greece prime minister Alexis Tsipras has proposed to increase tonnage tax in the country and phase out the industry’s...

MUMBAI: Adani Ports has held preliminary talks with Warburg Pincus about purchasing the private equity firm's shareholding in the Gangavaram...

PORTS OF TACOMA: New documents released by the ports of Tacoma and Seattle show the two port commissions and their...

HONG KONG: Hong Kong-listed Sinotrans Shipping predicted that its profit would fall significantly year on year (y/y) for the first...

ATHENS: Oslo-listed Farstad Shipping has fixed four of its offshore vessels to international charterers operating in Brazil and the North...

Global shipments of 48- to 50-inch TV panels in May 2015 reached 3.31 million, up 16% on year, according to...