In 2021, the German firm reportedly signed a letter of intent with the Korean shipbuilder, then known as Daewoo Shipbuilding (KS: 042660) & Marine Engineering Co. (DSME), for the construction of six ...

OCEAN freight rates for bulk carriers are on a downtrend due to declining demand from China and other seasonal factors, according to Tokyo-based Mitsui O.S.K. Lines (MOL). “The current rates are ...

Thirty-one year-old Thai national Surasak Rumnao arrived in his hometown in the country's northeastern Udon Thani province on Sunday, welcomed by family members with warm embraces more than a year ...

German shipping firm Hapag-Lloyd may turn to South Korean shipbuilder Hanwha Ocean Co. for its next batch of container ship ...