Overseas ports continue to drive Cosco Shipping Ports August volumes 12% higher

Cosco Shipping Ports (CSP) saw overall throughput rise 12% in August to 8.7m teu from 7.7m teu previously led...

Overseas Shipholding Group Reports Lower First Quarter Results

Overseas Shipholding Group, Inc. a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, reported results for the first quarter 2017.

Drewry: Orient Overseas International Limited – 1Q17 operational data update

In an operational update for 1Q17, released on 28 April 2017, OOIL reported an unaudited container shipping revenue of USD 1185m, up 6% y/y, but down 9% q/q.

Overseas Shipholding Group Announces Leadership Transition

Overseas Shipholding Group, Inc. (OSG) announced that OSG Director Samuel H. Norton was appointed a senior vice president of the Company and president and CEO of the U.S. Flag Strategic Business Unit, effective July 17, 2016. Mr. Norton is replacing Henry

Overseas Shipholding Group Announces Filing of Form 10 for Potential Spin-Off of its International Business

Overseas Shipholding Group, Inc. (OSG) announced the filing of a registration statement on Form 10 with the U.S. Securities and Exchange Commission (“SEC”), in connection with the Company’s previously announced plan to separate its international and domes

Greek shipowners look overseas as tax concerns mount

The Piraeus waterfront is rife with rumours a number of the community’s most prominent members are activating “Plan B” and are in the process of moving their operation, and home, from Greece. ...

China's Hebei to move excess industrial capacity overseas

Authorities in north China's largest steel producing region have unveiled a plan to transfer excess capacity...