August 14 - STX Pan Ocean Co, South Korea's largest commodities-shipping company, has posted a Q2 2013 net loss of USD24.7 million - down from USD84.3 million 12 months ago.
The company reported revenues of USD855.8 million during Q2 2013, down 32 percent year-on-year over the comparable period of 2012. STX Pan Ocean said the decline was primarily a result of lower freight rates from the recession of shipping industries.
Amasus Shipping has launched its offshore wind ro-ro vessel, Rotra Futura, at Jiangsu Zhenjiang Shipyard in China.
Peel Ports will invest GBP30 million (USD37.7 million) to develop a new ro-ro berth at the port of Sheerness, Kent, UK to meet growing demand from new and existing customers.
Modern Freight Company (MFC) Group has strengthened its heavy lift projects arm with the appointment of Praashant Chothani as head of chartering.
BBC Chartering said that its fifth Lakermax newbuild multipurpose vessel, BBC Santiago, successfully passed sea trials last week.
The Australian Maritime Safety Authority (AMSA) has issued a ‘refusal of access direction’ to the Netherlands-flagged general cargo ship Marsgracht, banning the ship from entering Australian ports for 180 days.
Vertom has placed an order for four 10,700 dwt geared tweendeckers at Chowgule Shipyards in India.
