According to a report from Reuters, DMG & Partners has upgraded Singapore's offshore marine firm Otto Marine to neutral from sell following a sharp selldown in the shares but kept the target price at S$0.25.
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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, ended flat on Thursday after declining for 12 straight sessions
The Port of Long Beach kicked off 2016 by logging its seventh straight month of cargo increases, showing a 24.8 percent jump in container shipments over the same month last year.
Maersk Drilling delivered the best result ever with a profit of USD 751m (USD 478m) in 2015 generating a ROIC of 9.3% (7.1%). The result was positively impacted
704,398 TEUs leads Los Angeles to busiest January in port history
The Port of Los Angeles handled 704,398 Twenty-Foot Equivalent Units (TEUs) in January 2016,
Forty-two people are safe after abandoning ship approximately 1,800 miles south of the Hawaiian Islands, Thursday, the U.S. Coast Guard reported.
Rose City Yacht Club, a long-standing private marina and social club along the Columbia River in Portland, Ore., recently took delivery and startup of a new 8-inch Badger Class dredge from Reserve,