Maritime news

Monitor breaking maritime news and insights for profitable, efficient and safe shipping.

China COSCO profits rise by 54%

The profit of China COSCO Holdings registered a surge of 54% year on year (y/y) to CNY 362.5 million (USD 58.5 million) on government subsidies regarding old tonnage scrapping.  …

 /  Finance

Cargo vessel detained in Crimea

A Turkish-owned general cargo vessel has been arrested by Ukrainian authorities and the vessel’s respective captain has been detained in regard to the ship visiting a port in Crimea following …

 /  Vessels

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