Mariners Rescued from Disabled Barge Off Rhode Island
Three mariners were rescued from a disabled barge off the coast of Point Judith, Rhode Island on Wednesday after their tug sank. The U.S. Coast Guard reports that watchstanders at...
Even with a 6 percent increase in sales this year, South Korean chemical tanker and container shipper Heung-A Shipping recorded a 39.7 percent drop in operating income, from 34.1 billion to 20.6 billion KRW. In an exchange filing today, the firm attributes the drop in income to lower overall unit price of shipping however, they note their company’s sales continues to grow.
The company’s net income for the year grew 5 percent to 17.1 billion KRW.
Last week the firm ordered 4 new chemical tankers to be built.
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