The board of directors of the Company wishes to inform the shareholders of the Company (the Shareholders) and potential investors that the Company has noticed from media reports that Coastal Oil Singapore Pte Ltd (Coastal Oil Singapore) has

On 2 January 2019, PSAs Bharat Mumbai Container Terminals Private Limited (BMCT) welcomed the first regular service call of Hyundai Merchant Marine (HMM)s China India Express (CIX) service. The 8,562 TEU (twenty-foot equivalent unit) capaci

Energy company China Three Gorges Europe, which is also called CTG EU, has invested 35 million pounds ($44.3 million) in a large Scottish of shore wind farm, which when completed will have the capacity to power one million homes. CTG EU, wh

1.Aberdeen owner Sentinel Marine is spending 36m ($46m) on three new emergency response and rescue vessels (ERRVS).An unnamed Chinese yard is building the trio, named Cromarty Sentinel, Trafalgar Sentinel and Viking Sentinel. 2.Greeces Gold

Overall, the outlook for shipping asset prices remains bright, but several areas are more attractive than others. The VesselsValue forecast takes many factors into consideration when assessing each vessel class and age. Today well look at s

Esvagt turns to Vestdavit for high seas windfarm boat-handling Vestdavit has reinforced its claim to be the davit supplier of choice for higher sea states after securing orders to equip three state-of-the-art Esvagt Service Operations Vesse

Japanese ship building marine engineering and service company, Imabari Shipbuilding, with the cooperation of Marubeni Corporation, has secured a newbuilding order of twelve 11,000-TEU container carriers from Taiwans Evergreen Line. The Japa

1.China Maritime Safety Administration (MSA) announced that, Cao De Sheng, has been appointed as the Director of Maritime Safety Administration. 2.China is expected to have the highest demand for LNG with worldwide use set to nearly triple

Chinas container transport for export purposes lost steam in December over lackluster demand on some routes, according to data from the Shanghai Shipping Exchange. The average China Export Containerized Freight Index stood at 849.69 points

Jinhui Shipping and Transportation Limited, one of the worlds largest Supramax owners, informed that its subsisidary Jinzhou Marine has decided to dispose of a Supramax bulk carrier. Jinzhou Marine signed a memorandum of agreement with the

1.China Ministry of Transport (MOT) issued a document of the Notice on Regulating the Implementation of Supervision and Management of Ship Air Pollutant Emission Control Areas. And it clearly bans discharging washing water from open loop sc

1.Rudong liquefied natural gas (LNG) terminal, the first terminal in eastern Chinas Jiangsu province, received a total 6.5 million tonnes of LNG from domestic and overseas sources as of December 30 noon in 2018, ranking the first among all

Shipping will continue to attract investors in 2019 if it fulfils its ESG (environmental, social and governance) responsibilities. In the latest issue of Bottom Line, our shipping sector newsletter, Richard Greiner, Shipping Transport Partn

The shipments of contaminated bunker fuel have made their way to several bunker ports in different countries. The International Association of Independent Tanker Owners (Intertanko) and shippers worldwide have called for a stricter quality

We get a lot of queries from seafarers who want to start investing their hard earned money through various financial tools and the most frequently asked question we get is what is better for investing money Direct equity stocks or equity mu