Shipping Industry
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Rescue And Recovery Efforts Begin On Stricken Oil Tanker Off China Coast
Work to siphon the remaining cargo of the tanker has begun 40 nautical miles southeast of Qingdao Port. Work to siphon the remaining cargo of the tanker has begun 40 nautical miles southeast of Qingdao Port. -
Egypt Impounds 'Ever Given' Until $900 Million Compensation Paid
Japan ship leasing company Shoei Kisen Kaisha is working with lawyers and insurance companies. Japan ship leasing company Shoei Kisen Kaisha is working with lawyers and insurance companies. -
Ever Given Floats Free Of Suez Canal Sandbank After Nearly A Week
An army of tugboats, dredgers and diggers freed the Ever Given early on Monday. An army of tugboats, dredgers and diggers freed the Ever Given early on Monday. -
Egypt's Suez Canal Scrambles To Move Giant Container Ship Blocking Traffic
About a dozen tug boats are working to free a massive container ship stuck in the Suez Canal. About a dozen tug boats are working to free a massive container ship stuck in the Suez Canal. -
World's Largest Container Ships Dock At The Port Of Xiamen
The Xiamen Songyu Container Terminal accommodated the mega container vessels MSC SAMAR and the MSC MIna, setting the record for having the world's largest berthing capacity. The Xiamen Songyu Container Terminal accommodated the mega container vessels MSC SAMAR and the MSC MIna, setting the record for having the world's largest berthing capacity. -
US Lifts Sanctions On One Unit Of Chinese Shipping Giant Cosco
The US Treasury Department announced that it has removed Cosco Shipping Tanker (Dalian) Co from its sanctions list, while Cosco's other unit still remains blacklisted. The US Treasury Department announced that it has removed Cosco Shipping Tanker (Dalian) Co from its sanctions list, while Cosco's other unit still remains blacklisted. -
China's Dalian Shipbuilding Industry To Shift Production To High-Value Vessels
The subsidiary of the state-owned firm China Shipbuilding Industry Corp has revealed plans of shifting its production to more high-valued vessels such as liquefied natural gas (LNG) carriers, large crude carriers, and storage and offloading (FPSO) vessels. The subsidiary of the state-owned firm China Shipbuilding Industry Corp has revealed plans of shifting its production to more high-valued vessels such as liquefied natural gas (LNG) carriers, large crude carriers, and storage and offloading (FPSO) vessels. -
Cosco Shipping Set to Overtake Hutchison Ports As Second-Largest Port Operator
With Cosco Shipping's rate of growth, the company is expected to overtake its rival Hutchison Ports as the second-largest port operator this year. With Cosco Shipping's rate of growth, the company is expected to overtake its rival Hutchison Ports as the second-largest port operator this year. -
Hong Kong's Orient Overseas Reports H1 Profit And Revenue Growth
Orient Overseas International Limited reported interim net profits of $138.9 million, a significant shift from the $10.3 million loss it reported last year. Orient Overseas International Limited reported interim net profits of $138.9 million, a significant shift from the $10.3 million loss it reported last year.