NEWS

NEWS

Vopak's New LPG Facility in Singapore Gets Its First Cargo PUBLISH:2016-02-16

Tank storage company Vopak has received its first cargo at the new liquefied petroleum gas (LPG) facility at its Banyan terminal on Jurong Island, marking the s…

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Cosco's Net Loss at USD 407.6 Mln for 2015 PUBLISH:2016-02-15

Cosco Corporation (Singapore) Limited, a Singapore-listed ship repair and marine engineering and shipping group, recorded a net loss of SGD 570 million (USD 407…

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Drewry: Newbuildings Turn Up the Heat on Chemical Shipping Rates PUBLISH:2016-02-14

Chemical shipping freight rates for both contracts of affreightment and spot cargoes will be under pressure throughout 2016, as there are some new operators loo…

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Arctic Liner Shipping to Become Viable around 2040, Suez Set for Two More Decades PUBLISH:2016-02-06

The likelihood of the Northern Sea Route (NSR) to replace the Suez Canal in the transportation of the containerized goods is far off, at least for the next two …

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MISC Berhad Sees Strong Returns PUBLISH:2016-02-05

Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase of 12.3 percent in its net profit for the 201…

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