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Iran Shipping Lines close to $650 million Korean order

December 7, 2016

December 5, 2016 - Iran’s state-owned shipping company is in advanced talks with Korean shipyard Hyundai Heavy Industries Co. for a $650 million order of container ships and tankers, people involved... View Full Post

U.S. trade deficit widened sharply in October

December 7, 2016

December 6, 2016 - The U.S. trade deficit widened sharply in October as exports weakened following a summer surge, and imports jumped, setting up a likely drag on overall economic growth in the final ... View Full Post

Africa could become fertile ground for new energy investment

December 7, 2016

November 29, 2016 - Africa wants to become fertile ground for new energy investment — investments that would help electrify parts of the continent and make it ripe for new businesses and new jobs. ... View Full Post

Hundreds of shippers still waiting for cargo in Hanjin boxes ‘held hostage’ by out-of-pocket ports

December 7, 2016

December 6, 2016 - Three months after the collapse of Hanjin Shipping, hundreds of shippers have still not received their cargo, even though the bankrupt carrier’s containerships have now all been d... View Full Post

Greek seafarers strike bringing ports to a standstill

December 7, 2016

December 5, 2016 - Greek ports ground to halt with scores of vessels tied up in port or at anchor as Greek seafarers extended a 48-hour strike on all types of vessels for a second 48 hours to 6 Decemb... View Full Post