Wrap-Up: Japanese Shipping Lines in Mega-Merger to Survive Industry Slump
By Tim Kelly TOKYO, Oct 31 (Reuters) – Japan’s top three shippers said they will integrate their container shipping operations to create the
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By Tim Kelly TOKYO, Oct 31 (Reuters) – Japan’s top three shippers said they will integrate their container shipping operations to create the
By Jonathan N. Crawford (Bloomberg) — A U.S. agency is looking into the impact that a failed rocket launch at billionaire Elon Musk’s SpaceX site in
By Libby George LONDON, Oct 31 (Reuters) – Global oil storage company VTTI launched a new terminal in Croatia on Monday to target oil product demand in
The International Chamber of Shipping (ICS) has applauded the agreement, last Friday, by the IMO Marine Environment Protection Committee (MEPC) to develop a
(BIMCO) – Back in May, BIMCO disclosed a projected “road to recovery” for the dry bulk shipping industry. The main message back then on what the dry
By David Fickling (Bloomberg Gadfly) — A business is rarely more than the sum of its parts. That’s a problem for anyone hoping that combining
JAKARTA, Oct 30 (Reuters) – Indonesia will resume some shipments of coal to the Philippines, a government official said on Sunday, after a months-long
SINGAPORE, Oct 31 (Reuters) – The Singapore government is considering whether to help the city-state’s marine and offshore engineering (M&OE)
The internet once again is buzzing with new loch ness monster theories after the Alaska Bureau of Land Management published this video of a “strange
By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd., Japan’s three largest
By Jiyeun Lee, Kanga Kong and Kyunghee Park (Bloomberg) — South Korea, home to the world’s three biggest shipbuilders, plans to spend about 11
By Joyce Lee and Cynthia Kim SEOUL, Oct 31 (Reuters) – South Korea said on Monday it plans to establish a state-backed ship financing company with an
by Gareth Hutchens (TheGuardian) The Turnbull government plans to ban asylum seekers who arrive by boat from ever being allowed into Australia. The
By Sam Whelan (TheLoadstar) After the supply chain havoc caused by Hanjin Shipping’s collapse, and with an alliance reshuffle on the horizon, should
by Dan Murtaugh (Bloomberg) Americans wondering what life with liquefied natural gas exports will bring can look to eastern Australia for a
British Colombia locals are up in arms over the Canadian Coast Guard’s response to an oil spill following the grounding of an American tug and barge in
The Pentagon’s new unmanned submarine chaser is currently undergoing at-sea testing off the coast of California and recently set sail with its first-ever
By Catherine Ngai VANCOUVER, Oct 27 (Reuters) – A container vessel that spent months sitting off Canada’s west coast due to the collapse of a major
By Nikolaj Skydsgaard COPENHAGEN Oct 27 (Reuters) – Container shipping firm Islamic Republic of Iran Shipping Lines (IRISL) expects to have regained by
India’s largest private sector company Reliance Industries has inaugurated the world’s first Very Large Ethane Carriers (VLECs) at South Korea’s
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