COSCO Deal to Make Ex-Hong Kong Chief, Family $1 Billion Richer
By Robert Olsen (Bloomberg) — Former Hong Kong Chief Executive Tung Chee-hwa and his family will be about $1 billion richer with the sale of their
By Robert Olsen (Bloomberg) — Former Hong Kong Chief Executive Tung Chee-hwa and his family will be about $1 billion richer with the sale of their
By Can Sezer ISTANBUL, July 10 (Reuters) – NITC, Iran’s leading oil tanker operator, said on Monday its shipments to Europe were increasing daily
Norwegian oil company Statoil announced Monday that its two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundland did not result in
By Kyunghee Park, Daniela Wei and Shawna Kwan (Bloomberg) — China is the new leader of shipping trade to the Americas. State-owned Cosco Shipping
By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc plans to spend as much as $1 billion a year on its New Energies division as the transition toward
By Brenda Goh and Matthew Miller SHANGHAI/BEIJING, July 9 (Reuters) – COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd
By Brenda Goh and Matthew Miller (Reuters) COSCO Shipping Holdings Co Ltd (601919.SS) has offered to buy Orient Overseas International Ltd (OOIL) (0316.HK) for
By Emma Farge (Reuters) Chinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be what industry sources say could be a
By Greg Torode HONG KONG, July 7 (Reuters) – China‘s first aircraft carrier sailed into Hong Kong waters on Friday, its latest show of growing
By Jessica Shankleman (Bloomberg) — Fresh from a $5.25 billion, nine-year expansion that’s upending decades-old trade routes, it turns out
By Anna Hirtenstein (Bloomberg) — The trillion-dollar global shipping industry may soon be forced to curb greenhouse gas emissions under new rules backed
SHANGHAI, July 7 (Reuters) – Maersk on Friday said it was too early to predict the financial impact on its second- and third-quarter results from a cyber
Jacob Gronholt-Pedersen (Reuters) Danish shipping giant A.P. Moller-Maersk expects container shipments to be back to normal early next week, it said on
Security is the Achilles’ heel of connected technology. In the maritime space, cyber risks conflate with vessel safety making a multifaceted response
by Will Coldwell (TheGuardian) Passengers lounging on cruise ship pool decks could be exposing themselves to dangerous levels of pollution, according to an
By Jason Scott (Bloomberg) Australia wants more from its $68 billion investment in new ships and submarines than just a more capable navy. With final
SHANGHAI, July 6 (Reuters) – China’s COSCO Shipping Holdings expects to post a profit of around 1.85 billion yuan ($272 million) in the first half,
BOGOTA, July 5 (Reuters) – Colombia is making progress towards salvaging a Spanish galleon carrying jewels and coins that sank more than 300 years ago,
The second quarter of 2017 saw a continuing decline in the number of reported incidents of maritime piracy and armed robbery against ships, according to
By Mohammed Aly Sergie, Anna Shiryaevskaya and Kelly Gilblom (Bloomberg) — Qatar just undermined Australia’s efforts to overtake it as
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up