China's Second Largest Box-ship Operators to Diversify

Bloomberg
Sunday, March 04, 2012

Container ship operators China Shipping Group Co, seek to invest in other areas

Bloomberg reports China's second-largest container line, is looking for acquisitions in areas including shipbuilding and port operations as the industry struggles with overcapacity and slowing economic growth, said Group Chairman Li Shaode at a Beijing government meeting.

Maritime Reporter April 2015 Digital Edition
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People & Company News

Shell's Arctic Return Faces Hurdle at Seattle Port

Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for

Matson Q1 Results Show Improved Performance

Matson, Inc. today reported net income of $25 million, or $0.57 per diluted share for the quarter ended March 31, 2015. Net income for the quarter ended March 31, 2014 was $3.

Willard Adds Sales Manager for Gulf Coast, Florida

Willard Marine, Inc. has hired Jimmy Sorenson as regional sales manager for the Gulf Coast and Florida.   Sorenson served 11 years with the U.S. Coast Guard in

Container Ships

Matson Q1 Results Show Improved Performance

Matson, Inc. today reported net income of $25 million, or $0.57 per diluted share for the quarter ended March 31, 2015. Net income for the quarter ended March 31, 2014 was $3.

Recent Vessel Sales: April 2015

Vessel sales for April 2015 - (as of May 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built - (Age) - Price

Gauthiers’ Announces Modex Merger

Gauthiers’ announced the acquisition of an equity share of Modex, an international manufacturer of DNV-certified offshore equipment. As part of the transaction,

News

Ingalls-built National Security Cutter Completes Acceptance Trials

Huntington Ingalls Industries (HII) announced today that the company's fifth U.S. Coast Guard National Security Cutter (NSC), James (WMSL 754), has completed her acceptance trials.

Louisiana International Marine Signs on with Helm CONNECT

Software developer Helm Operations has signed on offshore rig moving and ocean towing services company Louisiana International Marine (LIM) to its Helm CONNECT Preventive Maintenance software.

Shell's Arctic Return Faces Hurdle at Seattle Port

Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for

Logistics

AAPA Supports 'Move America Act'

'Move America Act of 2015' would help fund landside improvements to U.S. ports -APPA   The American Association of Port Authorities (AAPA)—the unified and recognized

Gauthiers’ Announces Modex Merger

Gauthiers’ announced the acquisition of an equity share of Modex, an international manufacturer of DNV-certified offshore equipment. As part of the transaction,

LNG Tanker Due in UK Around May 6

Britain's Isle of Grain liquefied natural gas (LNG) import terminal is set to receive the GDF Suez Point Fortin tanker on around May 6, live ship-tracking data on Reuters Eikon shows.

 
 
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