Indonesian Shipper Trada Maritime At Risk of Default on $31 Million Debt
JAKARTA, June 5 (Reuters) – Indonesian shipping company PT Trada Maritime Tbk is at risk of defaulting on its debt of around $31 million to the
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
JAKARTA, June 5 (Reuters) – Indonesian shipping company PT Trada Maritime Tbk is at risk of defaulting on its debt of around $31 million to the
The chilling film was shot aboard The Pocahontas, also known as The Danny, using GoPro HD cameras as it sank in Lake Worth in Florida [in February
Iron ore shipments from Australia’s Port Hedland expanded to a record in May as mining companies boosted output, helping to push benchmark prices to the
This weekend’s hijacking of an oil tanker in Southeast Asia follows a broader pattern of crime in the region, security experts
Greek ship owners are not only the most active nation when it comes to sales and purchases, they are also investing the most in newbuilding contracts,
Two U.S. lawmakers will introduce legislation on Tuesday to end restrictions on international food aid programs, which they say would free up hundreds of
Following the loss of over 500 containers this February from the containership Svendborg Maersk during a storm in the Bay of Biscay, French maritime
By Foo Yun Chee (Reuters) – The world’s two biggest container shipping companies, AP Moller-Maersk and Mediterranean Shipping Company, are seeking
Dutch companies have started a weeks-long operation to raise the Baltic Ace car carrier, which collided with a cargo ship in 2012, killing 11 crew and sending
ABC6 – Providence, RI and New Bedford, MA News, Weather A tugboat that had been reported stolen from the Oyster House pier in East Providence, Rhode
June 3 (Bloomberg) — Since Indonesia banned ore exports, the global nickel industry has been rocked by surging prices, Chinese workers like Zhang Qi
Five fishermen were rescued Sunday from the icy waters of Notre Dame Bay off the northeastern coast of Newfoundland after abandoning their fishing vessel, the
The U.S. Army Corps of Engineers awarded Great Lakes Dredge & Dock Co. a $25,376,872 firm fixed-price contract to dredge the main channel of the Delaware
The body of the missing captain of a Japanese oil tanker that exploded off the countries southwest coast has been found, the coastguard has
By Melanie Burton SYDNEY, June 2 (Reuters) – China’s northeastern port of Qingdao has halted shipments of aluminium and copper due to an
By Raheem Salman BAGHDAD, June 1 (Reuters) – Oil exports from Iraq rose by 8 percent in May and a new floating terminal was inaugurated that will expand
Growing to lengths in the 80 to 90-foot range and weighing up to 70+ tons, it’s easy to understand why Fin whales don't often shoot out of the water in a
Phoebe Sedgman and Jasmine Ng May 30 (Bloomberg) — Tugboat officers at Australia’s Port Hedland joined deckhands in approving work stoppages, risking
Thai dry bulk shipping firm Precious Shipping (PSL) announced today the executing of a USD 81.50 million Term Loan Facility with Export-Import Bank of
Update: The plan calls for the Costa Concordia to be towed to Genoa where the ship will be dismantled, according to reports. The tow is expected to commence
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