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Major Asian port hub sees volumes slip big-time

Tanjung Pelepas, one of the key hubs of the container industry in Southeast Asia, lost close to 10 percent of its combined container volumes in 2016, according to numbers gathered by Alphaliner.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

Nordic Shipholding lowers guidance again

Nordic Shipholding has decided to downgrade its expectations for 2017 once again. The company now expects a slightly bigger deficit than before, says the carrier in its interim report.

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