Surge in Shipping Risk Coverage Widens NordLB’s Loss

As a result of a huge increase in the risk provisioning for ship financing, German shipping bank Norddeutsche Landesbank (Nord/LB) closed the financial year 2016 with a loss of EUR 1.9 billion (USD 2.02 billion).

APL Enhances Intra-Asia Coverage

Singapore-based container shipping company APL has revealed that it will expand its Intra-Asia coverage with the launch of the Japan Taiwan 6 (JT6) Service and the upgraded Japan Thailand 2 (JT2) Service, starting from December 2016.

Guangzhou Coast Radio Station coverage expands to Huangyan Islands

Coast Radio Station in south China's Guangdong Province launched a trial service to deliver maritime...

More Than One Hundred Million Dollars of Uninsured Cargo Losses Highlight Coverage Gap

In recent years cargo losses worth more than one hundred million dollars have not been...

Jeppesen expands ENC coverage in Asia

Jeppesen is now distributing official Electronic Navigation Charts (ENCs) for Malaysia, adding to the company’...