2017 September 11
South Korea wants more Russian pollock quota in return for Far East processing investment
Korea Trading and Industries Co, Busan Port Authority and two other local companies signed a memorandum of understanding with Alexander Galushka, minister for development of the Russian Far East, to develop the complex in Vladivostok...
Global shipper Maersk sees trade growth among BRICS nations
Containerised trade among BRICS nations saw robust growth in the first half of this year, according to the world’s largest container shipping company Maersk Line...
Zvezda Shipbuilding Complex and GTT ink agreement
Zvezda Shipbuilding Complex has signed an agreement with Gaztransport & Technigaz (GTT) to evaluate the potential for the shipbuilding complex to construct membrane systems for LNG storage...
2018 March 14
Amid the global freight market’s stagnation lasting for several years, its tanker segment showed a severe plunge in 2017. In February-March the largest global shipping companies posted considerable losses of the past year. The situation is expected to improve in 2018-19 though long-term forecasts are vague due to instability of the global oil market.
Finances’ downward pressure
Amid the global freight market’s stagnation lasting for several years, its tanker segment showed a severe plunge in 2017. In February-March the largest global shipping companies posted considerable...Finances’ downward pressure