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Drewry forecasts dry bulk freight rates in 2016 will be, on average, lower than in 2015, as the medium-to-long term fundamentals for dry bulk shipping will remain challenging,
S. Korea’s Pan Ocean Co. is expected to see its earnings improve amid rising Baltic Dry Index (BDI) that affects spot contracts accounting for more than half
As the prolonged slump in energy prices continues to drag on a number of oil and gas and maritime players, word has it that Harkand Group has succumbed, according to staff reports and a report on www.
Foreign ministers and defense force chiefs from Indonesia, Malaysia and the Philippines signed a joint declaration on maritime security on Thursday, calling on
The International Maritime Bureau (IMB) has warned foreign vessels to remain vigilant when sailing in the Horn of Africa, despite a lull in piracy incidents in the region.
Vietnam has asked Japan to provide vessels to strengthen its coastguard, a Japanese official said on Thursday, in the latest sign of growing ties among the states locked in maritime rows with China.