CMA CGM to Tap Indonesian Market
CMA CGM aims to increase its market share in Indonesia to 20 percent by year-end from the current 13 percent, reported The Jakarta Post. The company's senior vice president in Asia…
Yang Ming Halts Container Service to Iran
Taiwan’s troubled Yang Ming Marine Transport Corp is halting its container service to Iran, becoming the first foreign shipping line to abandon the route a year…
European Banks Back Green Shipping Deal
The European Investment Bank and Dutch bank ABN Amro will sign an agreement to support investments for greening the European shipping fleet. This framework is the…
DSME Deal Non-starter
The creditors of Daewoo Shipbuilding & Marine Engineering (DSME) still remain undecided over afor the shipyard's latest deal, further complicating troubles for one of the country's major shipyards…
Turkey Raises Marine Pollution Fines
Turkey has raised the fines for marine pollution by 41 percent, Daily Sabah reported quoting the Ministry of Transport, Maritime Affairs and Communication. The Ministry…
Jadrolinija Ferries Collide in Zadar
Two Jadrolinija ferries collided last night at port of GaĹľenica but none of the passengers or crew members was injured in the collision and there was no pollution of the sea.
Austal Delivers Expeditionary Fast Transport Ship to Navy
Austal USA has delivered its eighth expeditionary fast transport ship to the U.S. Navy. The 338-foot long Yuma is an aluminum catamaran capable of transporting 600 tons…