October 24, 2022
South Korea Issues Arrest Warrants Over Fisheries Official Slain by North

South Korea Issues Arrest Warrants Over Fisheries Official Slain by North

A South Korean court on Saturday issued arrest warrants for a former defense minister and a former coast guard chief over their alleged mishandling of the death of a state fishery ministry employee at the hands of North Korean troops two years ago.The decision by the Seoul Central District Court…
October 24, 2022
Shipbreaking Market Continues to Dim

Shipbreaking Market Continues to Dim

The world gathered this week at a ship recycling conference in Dubai, for the first time in three years due to the onset of the pandemic. The big topics of the day were discussed, including various green and ESG measures being introduced to…
October 24, 2022
MSC to Acquire Towage Operator Rimorchiatori Mediterranei

MSC to Acquire Towage Operator Rimorchiatori Mediterranei

Swiss-headquartered shipping giant MSC Mediterranean Shipping Company SA continues to expand with an agreement to acquire towage provider Rimorchiatori Mediterranei.The company announced Sunday a deal through its wholly owned subsidiary SAS…
October 24, 2022
EU Warned Germany Against Chinese Port Investment

EU Warned Germany Against Chinese Port Investment

The European Commission warned the German government last spring not to approve an investment by China's Cosco into Hamburg's port, German daily Handelsblatt reported on Friday, citing sources.Shipping giant Cosco last year made a bid to take…
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