Safeen appoints Rocktree to design and manage transhipper conversion
Singapore-based Rocktree, a one-stop solutions provider for turnkey projects from concept to medium to long-term operations, has announced its appointment by Abu Dhabi Ports’ maritime…
Callan Marine announces next state-of-the-art cutter suction dredge
Callan Marine of Galveston, Texas announced that a fifth cutter suction dredge (CSD), the General Bradley, will be added to the company’s fleet next year.…
MSC updates effective September 1, 2020
ECSA TO USA GRI (GENERAL RATE INCREASE) Effective September 1st, 2020 In view of current market situation, MSC will apply a General Rate Increase (GRI),…
Centerpoint acquires last-mile facility in competitive Los Angeles South Bay submarket
CenterPoint Properties has acquired a 60,115 SF distribution facility at 230 W. Rosecrans Avenue in Gardena, CA. The facility sits on 3.22 acres in the…
US shale Chapter 11 and M&A review: Investment opportunities in low-cost assets
Several large and small independent US oil and gas producers have filed for bankruptcy this year as their debt burden peaked and hopes of cash…
Hottest part of the fossil fuel market starts to cool
The liquefied natural gas market contracted a third month in July as countries continue to struggle with the economic fallout from the coronavirus pandemic.
OOCL announces new China Indonesia Philippines service (CIP)
OOCL will be strengthening their China to South-East Asia service network by introducing the new China Indonesia Philippines service (CIP) to be launched in September…
Japan Airlines posts biggest loss since re-listing in 2012
Japan Airlines Co. posted its biggest quarterly net loss in at least eight years and decided to forgo paying an interim dividend as it contends…
South Korea and Japan flap could hit Trump’s plans on China
A South Korean court is set to start liquidating assets of a Japanese company to compensate Koreans conscripted to work during colonial occupation, straining ties…
Asia’s factories see modest pickup alongside Chinese rebound
Factory managers in Asia broadly saw a modest pickup in activity in July as China’s demand kept up its momentum.
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