Tag: Worldmaritime

Tanker Corporation To Relist Shares On Exchange In January
December 30, 2018 No Responses

Tanker Corporation To Relist Shares On Exchange In January

Chinese transportation company Nanjing Tanker Corporation, part of Sinotrans & CSC, will relist on Shanghai Stock Exchange on January 8, 2019. The opening price of its stock will be CNY 4.31 (USD 0.63) per share, the company said in its...
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Maersk Line Eyes Land-Based Acquisitions
December 29, 2018 No Responses

Maersk Line Eyes Land-Based Acquisitions

World’s largest shipping company Maersk is reportedly targeting acquisitions on land to bolster its logistics operations as part of the group’s transformation from a conglomerate to an integrated global container logistics company. “The future will be ve...
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NYK Secures Green Loan For Its 1st Methanol-Fueled Chemical Tanker
December 28, 2018 No Responses

NYK Secures Green Loan For Its 1st Methanol-Fueled Chemical Tanker

Japanese shipping giant NYK has secured a green loan to finance the construction of its first methanol-fueled chemical tanker set for delivery in 2019.  The JPY 2 billion (USD 18.04 million) loan will be provided by Taiyo Life Insurance Company ...
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Firm Faces $9.6m Fine Over Subcontracting Practices
December 27, 2018 No Responses

Firm Faces $9.6m Fine Over Subcontracting Practices

Citing unlawful subcontracting practices, the South Korean Fair Trade Commission  has fined Daewoo Shipbuilding & Marine Engineering (DSME)  $9.6 million.    According to investigators, from 2013 to 2016, DSME appointed 27 subcontractor...
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China to Conduct Ship Pollution Control
December 2, 2017 No Responses

China to Conduct Ship Pollution Control

China has launched a year-long inspection campaign on Ship Pollution Control in the Hainan Province as part of its efforts to reduce air and water pollution associated with shipping, marine insurer Gard said. The Chinese Maritime Safety Authority (MSA) said i...
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