Maersk’s Fuel Costs Set to Rise by USD 2 Bn from 2020 Sulphur Cap

The annual fuel bill of Danish shipping giant A.P.Moller Maersk is set to increase by USD 2 billion a year, at...

Korean shipyards still struggle to cut costs amid ‘order drought’

South Korean shipyards, led by Hyundai Heavy Industries Co., are still struggling to cut costs through unpaid leave for their workers and shutting down dry docks idled amid a lack of orders, industry sources said Sunday.

Legal Costs Cover – What’s it all about?

The Club recently announced its Legal Costs Cover (LCC), formally known as LADC. In this blog Daisy Rayner, LCC Manager (London), provides an insight into the amendments from LADC to LCC and aims to dispel some of the common misconceptions surrounding the

Legal Costs Cover – 2017 Rule ChangesFurther to our EGM minutes dated 11 January 2017 concerning the amendments to the

Further to our EGM minutes dated 11 January 2017 concerning the amendments to the 2017 Club Rules, we are pleased to announce our newly rebranded Legal Costs Cover (LCC), formally known as LADC

Fortescue Quarterly Iron Ore Production Costs Fall 35%

Fortescue Metals Group Ltd., the iron ore producer that’s cut debt by almost $3 billionsince last July, said fourth-quarter cash costs fell 35 percent as it continued to slash operating expenses and bolster margins amid increased demand from China.

Fortescue Quarterly Iron Ore Production Costs Fall 35%

Fortescue Metals Group Ltd., the iron ore producer that’s cut debt by almost $3 billionsince last July, said fourth-quarter cash costs fell 35 percent as it continued to slash operating expenses and bolster margins amid increased demand from China.

SITC improves profit on lower bunker costs

Intra-Asia shipping firm SITC International Holdings has improved its net profit for 2015 compared to the previous year, thanks to lower bunker bills. ...