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Fredriksen: ‘Won't be much money’ in shipping for now Oslo: Arguably the world’s most powerful man in shipping, John Fredriksen, is downcast on the immediate future of the tanker and dry bulk trades. The billionaire said yesterday there “won’t be much money to earn” in shipping in the next two to three years after ... Full Story

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COSCO shores up working capital Hong Kong: China COSCO Holdings Co Ltd, the largest shipping company in the country, has announced that it will issue RMB 5 billion in ten-year ... [full story]

Cruiselines tell Japan ports to step up Fukuoka: The potential for Japan as a cruise destination and opportunities to expand its ports of call was discussed at the opening panel session at ... [full story]

Green issues 'should top every shipping company's agenda': KR Seoul: Environment issues led the agenda at this year’s Seoul International Maritime and Shipbuilding Conference (SIMS) staged by the Korean Register of Shipping (KR) here ... [full story]

Krishnapatnam Port sets all-India coal discharge record Mumbai: Krishnapatnam Port has established a new record for coal discharge in India using the conventional system of coal unloading. The vessel MV. IKAN ... [full story]

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GSI expands into Jiangsu

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NOL bond issue to fund newbuildings