New Zealand Drops Charges against Greenpeace

The New Zealand Government has decided to drop charges against Greenpeace following the organization’s attempt to stop the Amazon Warrior seismic blasting in April 2017.

COSL sees profit slashed on massive impairment charges

China Oilfield Services Limited (COSL) saw its profit slashed significantly for the financial year over 2014 due ...

Thoresen Thai hit by loss of $416m in 2015 on impairment charges

Thoresen Thai Agencies (TTA) saw its results sank into the red in 2015 after the group took a huge impairment loss on assets. ...

Rickmers Maritime widens 2015 loss on higher impairment charges, lower revenue

Shipping trust Rickmers Maritime has widened its loss in 2015 due to higher impairment charges and lower charter revenues. ...

POSH hit by 2015 loss on impairment charges

Offshore marine services provider PACC Offshore Services Holdings (POSH) has plunged into the red in 2015 due mainly to a huge impairment charge of $144.58m. ...

China to crackdown on excessive port-related charges

China has pledged to help the shipping sector by reducing port charges that could amount to RMB5.4bn ($846m) of savings each year, and cracked down on four companies found to have flouted rules by charging excessive port fees. ...

China vows to eliminate excessive shipping charges

Seven Chinese state departmentshave together released a public notice to further eliminate excessive shipping charges under the call of the State Council.