News

Vladivostok: Fesco Ocean Management Ltd (FOML), a subsidiary of Far Eastern Shipping Company (FESCO), has finalised sale of its cross-trade services Asia - Australia, Asia ... [full story]

Tokyo: NYK is to reorganise its shipmanagement system by setting up two companies to manage LNG carriers. One, NYK LNG Shipmanagement Ltd, will be based ... [full story]

Tokyo: The CKYH Alliance comprising Coscon, “K” Line, Yang Ming Line and Hanjin Shipping has revised US port calls for its new 5th service (AWE-5) ... [full story]

Dubai: Direct Shipping Group has said it plans an IPO and listing on the Dubai Financial Market with a view to raising enough funds to ... [full story]

Manila: After public meetings held last month in the Philippines, professional body the Nautical Institute reports that it has decided to formally launch a project ... [full story]

Marseille: The latest newbuilding belonging to the world’s third largest liner company CMA CGM, today makes a one-off deviation to that company’s home city of ... [full story]

Shanghai: China State Shipbuilding Corporation is in talks with banker JP Morgan about a Hong Kong listing to raise cash for its rapid expansion. The ... [full story]

Nakhodka: Inchcape Shipping Services has entered into a jv with PRISCO Agency, a department of the Primorsk Shipping Corporation, to form a new agency company ... [full story]

Ulsan: Hanjin Shipping has received delivery of what it claims is the world’s fastest container ship, able to reach speeds of 27knots. The 6,655teu Hanjin ... [full story]

Baku: Caspian Shipping Company (CSC) is moving ahead with plans to build Azerbaijan’s first shipbuilding base, having secured a 20ha site in the capital Baku’s ... [full story]