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ASEAN chair Duterte to prioritize maritime security, economy
Insurance gaps leave shipping exposed to growing cyber threats
As the smog lifts, China’s ports grapple with huge traffic jam of ships
Hungary bans shipping on Danube as river freezes over
DP World increases its stake in Pusan Newport

DP World increases its stake in Pusan Newport

Dubai - DP World announces that it has acquired an additional 23.94% stakein Pusan Newport Company Limited (PNC) in South Korea from Samsung Corporation and Subsidiaries. This increases DP World’s holding in PNC to 66.03%, and the terms of the transaction are undisclosed

Ex-chairwoman of Hanjin Shipping indicted

Ex-chairwoman of Hanjin Shipping indicted

Seoul - A former head of Hanjin Shipping Co. was indicted Friday on chargesthat she illegally sold company stocks using insider information to avoid losses. The Seoul Southern District Prosecutors’ Office said Choi Eun-young is accused of selling stocks of the financially troubled Hanjin Shipping in April

France reserves right to intervene in STX sale

France reserves right to intervene in STX sale

Paris - In an interview published Friday, French secretary of state for industry Christophe Sirugue said that the French government will use “all the levers it has at its disposal” to ensure its objectives are met for the upcoming sale of cruise ship and warship builder STX France

Out-of-date charts: ship stopped in Genoa

Out-of-date charts: ship stopped in Genoa

Genova - An Antiguan-flagged cargo ship was detained in the port of Genoa, at the Ponte Eritrea docks. The ship, called “Maple Ingrid”, weighs in at 9,500 tonnes, and was coming from Algeria with a mixed Russian and Filipino crew of 16 men in total: the ship was stopped yesterday by the Harbourmaster’s Inspectors

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