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Rickmers Pleads for Extreme Debt Leniency

Rickmers Maritime, a Singapore-based shipping trust, has asked for clemency from its creditors regarding US$179.7 million of debt and a following $100 million of interest that it cannot pay

Hanjin Asset Sale Begins

The asset sale for the now bankrupt shipping company Hanjin has kicked off with three of its ships being sold, and others being put up for purchase

Drone Innovation for Cargo Shipping

A video recorded and published via YouTube via Prodrone Company shows the announcement of the launch of its PD6B-AW-ARM large format drone, which is equipped with two robotic arms

Infographic: Hanjin in Numbers

An infographic released by global logistics firm Tuscor Lloyds shows ailing carrier Hanjin Shipping in numbers, with details of its fleet to its current financial situation

Indonesia Inaugurates Major Terminal

Indonesia has inaugurated phase one of the expansion of the New Priok Container Terminal at Tanjung Priok Port, with the remaining four phases set to be completed in 2019

APMT Salalah Posts H1 Volume Surge

Container throughput at the Port of Salalah reached 1.584 million TEU in H1, 2016, a 29% increase over volumes handled during the same period the year prior

Hanjin Collapse Lucrative for Maersk Line?

Maersk has found that Hanjin’s collapse has caused a short-term rise in freight rates, which the company have said is providing commercial opportunities for its business

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