Thailand's mild economic growth includes a mixed import and export picture senior government officials acknowledged in a 17 April national broadcast. A key problem is slow exports which did not expand ...
Mixed outlook for Thai trade in 2015
Pak Bara port development back on
Thai prime minister General Prayut Chan-o-cha has said plans to develop a deepsea port at Pak Bara are back on. Pak Bara is on Thailand's Andaman coast, with plans envisaging a port built in Satun and ...
Mobster sentenced for dockworker extortion
Stephen Depiro, a soldier within the Genovese organised crime family, was sentenced to 41 months in prison for extorting payments from fellow dockworkers on the New Jersey waterfront. He was also ...
Hapag-Lloyd signs 10,500 teu newbuilding series
German container line Hapag-Lloyd plans to bring a new string of 10,500 teu container vessels to the East Coast South America (ECSA) trades by 2017. The Hamburg-based carrier today announced the ...
Royal Caribbean cuts 2015 profit outlook
Shares of Royal Caribbean Cruises fell sharply after the cruise company reduced its 2015 profit outlook, citing rising fuel prices and a strong US dollar. The company reported net income of USD45.2 ...
New ClassNK research centre to promote smarter and greener shipping
The maritime industry has two main challenges today, says Japanese classification society ClassNK, and its new research centre in Singapore aims to address both. The society has opened the Global ...
Arkon rejigs heavy lift and bulk chartering
German shipbroker and operator Arkon Shipping & Projects is restructuring its deepsea dry cargo operations. The company's heavy lift chartering services are being relocated to Hamburg where they ...
LR Rail sold to Ricardo for $63.5m
Lloyd's Register Group has sold its rail division, LR Rail, to global strategic, technical, and environmental consultancy Ricardo plc for GBP42.5 million (USD63.5 million). The buyout was announced by ...
China eases cabotage rules for five more ports
Five more Chinese ports can now allow access to overseas-flagged vessels entering China's cabotage box shipping trade. Tianjin port; Jiangyin Port Area in Fuzhou; Haicang Port Area in Xiamen; Mawan, ...
Wan Hai opens new trans-Pacific services
Taiwanese carrier Wan Hai has announced that it will jointly operate a trans-Pacific service, called SEA service, from South China to the US Pacific Southwest with COSCO Container Lines and 'K' ...
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