NEWS

NEWS

China and Algeria Sign USD 3.3 Billion Port Deal PUBLISH:2016-01-18

China and Algeria have signed a USD 3.3 billion agreement to build a new center transshipment port at Cherchell, Algiers, Xinhua reported.

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Drewry: No Recovery in Sight for Dry Bulk Market PUBLISH:2016-01-15

Share prices of dry bulk companies kept tumbling during 2015, and, according to Drewry Maritime Equity Research (DMER), the market is not expected to recover in…

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Spirit of Tasmania Ferry Out of Service After It Hits Pier PUBLISH:2016-01-14

A super fast ropax ferry Spirit of Tasmania II suffered damage to its internal loading ramp after it crashed into a pier in the port of Melbourne, Australia, on…

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COSCO Shipyard Acquires Cosco Xiamen Repair Yard PUBLISH:2016-01-13

COSCO Shipyard Engineering Service (Dalian), a subsidiary of COSCO Shipyard Group, has entered into a deal to acquire the entire registered capital of COSCO (Xi…

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Bulk Carrier Sinks in East China Sea PUBLISH:2016-01-12

Bulk carrier identified as China Star 107 that went missing for four days sank in East China Sea, according to the latest update from Fujian maritime rescue cen…

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