Cosco pays a full price to take over Orient Overseas. What does this mean for the flagging port of Hong Kong?

Just as China’s flagship aircraft carrier arrived in Hong Kong’s Victoria Harbor last week for the...

Does a Shipowner Have to Sell Its Ship in Order to Mitigate Its Loss? Supreme Court Says No!

In our client alert Does a shipowner have to sell its ship in order to mitigate its loss? in November 2016,...

Malware Does Not Have To Affect Ships Or Facilities

This week the world saw the sudden spread of a new ransomware variant, called by some ‘Petya’ and by...

Does World Trade Bode Well for Marine Shipping? Think Again

A fully loaded cargo ship heads into New York Harbor in August of 2016 in New York City. The global economic slowdown, especially the financial difficulties in China

What does the cooperation of Vale and COSCO bring about?

In September 12, COSCO and Vale signed framework agreement which marks ending the long-term opposition of the two...

Does China's shipbuilding 'white list' create a blacklist?

The recently announced Chinese shipyard white list is meant to be a step-change for China’s shipbuilding...

Japan's Tepco does not plan to buy LPG in Dec on high prices, says source

Japan's Tokyo Electric Power Company bought around 100,000 mt of LPG in November -- down 17% from 120,000 mt...