Following the order of five 14,500 teu containerships, Cosco Group announced that it has sold eight old bulkers with a total capacity of 553,798 dwt for scrapping at a total price of RMB155m.

After eight months at anchor, a new charterer has paid wages to the 19 crew members on the 'Natig Aliyef'

The 'Arista' capsized in the waters of Barrang Lompo, a small island north of Makassar, in Southern Sulawesi, in the morning Jun 14, 2018