Moody's Rates Sovcomflot Ba2: Negative Financial Outlook
Moody's Investors Service says it has confirmed the Ba2 corporate family rating (CFR) and the Ba2-PD probability of default rating (PDR) of Sovcomflot JSC with $800 million of rated debt affected.
Wallenius Wilhelmsen Wins Melbourne Bid
Wallenius Wilhelmsen Logistics (WWL) says that its subsidiary MIRRAT has been announced as winner in its bid to operate automotive terminal 'Melbourne Australia'.
NYK Stolt Order Chemical Parcel Tanker Pair
NYK Stolt Shipholdings says it has ordered two 12,500 dwt parcel tankers from Usuki Shipyard in Japan. NYK explains that a parcel tanker is a versatile chemical…
Europe SECA SOx Emissions Compliance: 'Musketeer Agreement'
The Danish Mariime Authority (DMA) informs that a number of North Western European countries have made a commitment in Copenhagen to cooperate on making the control…
Global Ocean Trade: Latest Shipbuilding Orders
China & Japan shipbuilders scoop the pool of international shipbuilding orders according to the latest Clarkson Hellas S&P Weekly Bulletin. Clarkson Hellas says…
Australian Government Urged to Safeguard Nation's Maritime Skills
The Australian Shipowners Association (ASA) informs it has urged the Abbott Government to be careful in its consideration of the Productivity Commission Report into Tasmanian shipping and freight…