shipping

The company plans to pay an interim dividend of 7 cents

The combined fleet can carry about 225 million barrels of oil

Ukrainian and Russian seafarers make up nearly 15% of the industry’s 1.9 million seafarers

Delays are more than just a headache for importers waiting for their goods. They sap capacity, which keeps rates up.

Earnings are soaring for ships of almost every type.

No significant progress was made on decarbonizing shipping, says Trafigura

Through their respective subsidiaries, PSA will hold a 58% stake in the joint venture, while HMM will own the remaining 42%.

(Oct 31): The trade war and China’s economic shift made 2018 a tough year for global shipping and will continue to reverberate through the industry, according to the United Nations Conference on Trade and Development.

SINGAPORE (Feb 1): Indonesia wants to re-position its Batam island as an alternative shipping and manufacturing hub to Singapore with a potential to draw US$60 billion ($80.8 billion) in new investment.

SINGAPORE (Dec 17): Sembcorp Marine (Sembmarine) today announced the completion of repair work on Costa Fortuna, a 1,358-cabin vessel operated by Costa Crociere which sailed away from Sembmarine’s Admiralty Yard yesterday.