Hapag-Lloyd Sees Disappointing First-Half Year Result
German shipping major Hapag-Lloyd said its first-half year “result is disappointing,” due to subdued economic growth in many parts of the world, persistently tough competition in the liner shipping industry and further declines in freight rates… Read More
Tanker Sinking after Collision off Japan
Two tankers, the Panama-flagged Eastern Phoenix and Japanese Keihin Maru 8, collided off Japan’s port of Kehin, Prefecture of Kanagawa, on Sunday, less than two nautical miles from the coast… Read More
RMS: 10 Most Catastrophe-Prone Ports
Ports in Japan and China top the list of ten ports in the world with the highest catastrophe risk, according to analysis released by California-based catastrophe risk management firm RMS… Read More
UK Takes Action against Modern Slavery at Sea
The government of the United Kingdom has decided to tackle substandard working conditions at sea by enforcing the provisions of the Modern Slavery Act, which came into force on 8 August… Read More
Drewry: Mega-Alliances Could Help Transhipment Hubs
The world’s largest transhipment hubs are exposed to numerous risks, however, strong links to new mega-alliances that can guarantee capacity and smooth operations could provide opportunities as well as risks… Read More
World Maritime News Staff