Report: EU Regulators to Clear Maersk’s Hamburg Süd Deal

The EU regulators will approve the acquisition deal between Danish shipping major Maersk Line and its German counterpart Hamburg Süd under a condition that the German carrier withdraws from certain trades, Reuters reports.

Report: NPS Doubtful About DSME’s Restructuring Plan

South Korea’s National Pension Service (NPS), one of the main debt holders of Daewoo Shipbuilding & Marine Engineering (DSME), has not decided whether to accept the debt restructuring plan aimed at saving the country’s financially-troubled shipbuilder, Yo

Report: Ailing Shipbuilder DSME to Get USD 2.4 Bn from Creditors

Creditors of the financially-troubled Daewoo Shipbuilding & Marine Engineering (DSME) plan to financially support this South Korean shipbuilder with KRW 2.8 trillion (USD 2.4 billion), under proviso that the company’s labor union accepts the restructuring

2014 Annual Report: Ranking List of Strongest Operation Capability for China Shipping

The factors for an enterprise to become stronger are not only technology and capital, the operation capability of...

Platts Report: China Oil Demand Rises 2.9% in October from Year Ago

China’s apparent oil demand* in October rose 2.9% year over year to 42.65 million metric tons (mt), or an...

Platts Report: China Oil Demand Climbed 3.7% in August from a Year Ago

China’s apparent oil demand* in August climbed to its highest level in a year, according to a just-released...

Platts Report: China Oil Demand Fell 2.1% in July Versus a Year Ago

China’s apparent oil demand* in July decreased by 2.1% over the same month a year ago, according to a...