Israeli shipper Zim exploring IPO on foreign exchange

Israeli shipping company Zim is considering an initial public offering on a foreign exchange, Israeli news website Globes reported. A Zim spokesman said the company was not commenting. Two options being examined are to hold the offering in London...

Jinhui Shipping Reports First Half Net Loss of $23.5 Million as the Pandemic Takes...

The Board of Jinhui Shipping and Transportation Limited (the ‘Company’) is pleased to announce the unaudited condensed consolidated results of the Company and its subsidiaries (the ‘Group’) for the quarter and six months ended 30 June 2020. In the...

Misuse of supply chain finance worrying but not widespread, says Global Supply Chain Finance...

The Global Supply Chain Finance Forum (GSCFF) – comprising BAFT (Bankers’ Association for Finance and Trade), FCI, the International Chamber of Commerce (ICC), the International Trade & Forfaiting Association (ITFA) and the Euro Banking Association (EBA) – today released...

ISWAN welcomes release of Iranian hostages by Somali pirates after years in captivity

The International Seafarers’ Welfare and Assistance Network (ISWAN) welcomes the release of three Iranian hostages by Somali pirates after nearly five and half years in captivity. The three Iranian hostages, who were held for 1,975 days by Somali pirates,...

Corpower Ocean appoints wind industry veteran to lead Portuguese operation

Leading global wave energy developer CorPower Ocean has appointed Miguel Silva as head of its Portuguese operation. The news comes shortly after CorPower revealed plans for a new 16 MEUR (USD18.1m) R&D, Manufacturing and Service Centre in Viana do...

Damen Shiprepair Harlingen completes repair project on Rederij Doeksen ‘Vlieland’ ferry

Damen Shiprepair Harlingen (DSHl) has recently completed a repair project to Rederij Doeksen’s passenger/car ferry Vlieland. The vessel operates a ferry service across the Wadden Sea between Harlingen in the north of the Netherlands and the island of Vlieland....

Wintermar Offshore (WINS:JK) Holds Virtual Public Expose

On 25 August 2020, PT Wintermar Offshore Marine Tbk (WINS:JK) held a Virtual Public Expose as a participant in the Indonesian Stock Exchange Public Expose LIVE 2020 event. The Company updated on three key issues: I. Oil Shock The...

ITF Seafarers’ Trust launches “Still At Sea” seafarer photography competition

The ITFST has today launched the Still At Sea photography competition for seafarers. Open to currently serving seafarers and with a 1st prize of £1000, the competition invites seafarers to submit digital photos of their lives at sea during...

Incidents at Batangas Anchorage, Philippines

Within an interval of seven days, two incidents of armed robbery against ships occurred while they were berthed/anchored in Batangas, Philippines. In both incidents, the perpetrators demonstrated violence toward crew with a knife. In the first incident on 14...

Capesize Bulker “Wakashio” Aground off Mauritius

Mitsui O.S.K. Lines, Ltd. as the Charterer of Capesize Bulker “Wakashio”, are doing everything possible to support the efforts of Owner and Manager, Nagashiki Shipping Co. Ltd. (Nagashiki) and their appointed teams in mitigating the effects of the spill....