Major shipyards’ ratings cut on falling new orders, dim outlook

South Korea’s major shipyards saw their ratings cut for their falling new orders and worsening financial status, industry sources said Wednesday.

Moody’s: Maersk Ratings on Review for Downgrade

Denmark-based shipping and oil company A.P. Møller-Mærsk’s Baa1 issuer rating, Baa1 senior unsecured rating and the (P)Baa1 medium-term note (MTN) program rating were placed on review for downgrade, according to Moody’s rating agency.

Performance ratings of global shipping lines drop

For the first time since February this year, global shipping lines have recorded decline in...

“Train more Merchant Navy ratings to increase UK jobs and careers for young people”

President of the UK Chamber of Shipping, Kenneth MacLeod, has today called for shipping...