Organisations within the maritime industry are often reluctant to report cyber attacks for fear of reputational damage

The owner has agreed to buy five ships which are expected to be delivered in the third quarter and has options to buy four more ships. When the five vessels are delivered in the third quarter, Navios Containers will control 30 vessels totaling 166,388 teu with an average age of 9.8 years

China’s imports of crude oil and LNG are poised to grow amid growing domestic demand and diversifying import sources is likely to lead to more competitive prices for the buyer

Under the agreement, GAC will provide agency and husbandry services for about 210 calls annually

Chairman Nigel Hill said “Simon and his wife have decided that the time has come to them to leave Hong Kong and return home to be with their daughters and ageing parents”.

In the sale, the oil company had issued a tender inviting 30 registered GLX members to bid for its delivered ex-ship (DES) cargo and garnered healthy interest from bidders during the trade window