Korea Development Bank will provide short-term loan to finance-troubled Daewoo Shipbuilding & Marine Engineering to cope with maturing debts. The planned loan will be at worth between 180 million USD and 270 million USD (200-300 billion KRW), aiming to help South Korean shipbuilder to improve its liquidity, stabilize the cash flows and support operational expenses.
Maersk Group might split business to transport and energy units, which is part from the possible restructuring strategy of the company’s business. The transport unit will include Maersk Line, APM Terminals, Svitzer, Maersk Tankers and possibly Damco, if group abandon its sale. The energy unit will include Maersk Oil, Maersk Drilling and Maersk Supply Services,
The general cargo ship Vectis Osprey was attacked by pirates in Gulf of Guinea on 30 nautical miles off Bonny island, Nigeria. The vessel was attacked during the day by armed men from a fast boat, who succeeded to board and take control. The crew raised alarm, sent alert message to the local authorities and
Iran starts import fish product from Russia and plans next week to send consistent Veterinary experts to issue a certificates for the import of such products. The decision was taken after a business visit of representatives of Iran Veterinary Organization to Russian Federal Center for Animal Health, held in Moscow. The both sides negotiated possible
The Russian trawler Melkart was accused for pollution in Barents Sea. The vessel was boarded by Norwegian Coast Guard at the terminal in Batsfjord, who spotted earlier the fishing trawler to dump fish overboard on several nautical miles off the shore. The local authorities and coast guard imposed a fine to the skipper and ship
The Indonesian product tanker Vier Harmoni was hijacked in Malaysian waters. The vessel, carrying 900,000 liters of diesel, was attacked during the night by armed pirates in Malacca Strait on 30 nautical miles northwest off Batam island. The armed pirates succeeded to board the tanker and took control. They headed to Batam and entered in
Magadan Commercial Sea Port start reconstruction and development after received state financing for renovation of two berths and ordering modern cargo handling equipment. The terminal was visited by Deputy Transport Minister Valery Okulov, governor of the region Vladimir Pechyony and CEO of the port Andrey Gorbov. During the working visit was approved state financing for