Accordin to a report from AFP, South Korea's second biggest shipbuilder Daewoo Shipbuilding and Marine Engineering said net profit for the three months ended March 31 soared to $222m.
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Bored with palm-fringed beaches and turquoise seas? Then the gigantic oil platforms of the North Sea beckon. The first ever "rig-spotting" cruise just ended off the coast of Norway,
Cash-strapped Hanjin Shipping Co. sources say that the negotiations with tonnage providers for lower rates are undergoing, but wouldn't say much else.
According to Korea Herald, the country's No.
China has taken a major step towards establishing a speedy new "Silk Road" to Europe by signing up to a U.N. trucking treaty.
Fifteen years after joining the World Trade Organization (WTO),