MOL to scale up in Singapore by setting up sub-headquarters
Japanese shipping giant will group six of its existing Singapore units together
MOL to scale up in Singapore by setting up sub-headquarters Read More »
March 2025
South Korea’s Orderbook Tops $138 billion
Veson Nautical has used VesselsValue data to confirm that South Korea’s orderbook has now topped $138 billion.The LNG sector is the most valuable, worth $71.3 billion and accounting for around 52% of the total South Korean orderbook value. This…
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China Merchants Energy logs rising profits despite drop in income
Shanghai-listed shipping giant says it benefited from the dry bulk and container ship markets in 2024
China Merchants Energy logs rising profits despite drop in income Read More »
China Warns Taiwan, Calls President “Parasite”
China’s military on Tuesday said it had begun joint army, navy and rocket force exercises around Taiwan to “serve as a stern warning and powerful deterrent against Taiwanese independence”, calling Taiwan’s President Lai Ching-Te a “parasite”.More…
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Russian insurer wrangles over unpaid wages of abandoned crew
Case of the Lady Mina highlights sharp rise in seafarers left without proper wages when shipowners run out of cash
Russian insurer wrangles over unpaid wages of abandoned crew Read More »