System.Web.HttpException (0x80004005): The file '/seaweb_welcome.ascx' does not exist. at System.Web.UI.Util.CheckVirtualFileExists(VirtualPath virtualPath) at System.Web.Compilation.BuildManager.GetVPathBuildResultInternal(VirtualPath virtualPath, Boolean noBuild, Boolean allowCrossApp, Boolean allowBuildInPrecompile, Boolean throwIfNotFound, Boolean ensureIsUpToDate) at System.Web.Compilation.BuildManager.GetVPathBuildResultWithNoAssert(HttpContext context, VirtualPath virtualPath, Boolean noBuild, Boolean allowCrossApp, Boolean allowBuildInPrecompile, Boolean throwIfNotFound, Boolean ensureIsUpToDate) at System.Web.Compilation.BuildManager.GetVPathBuildResult(HttpContext context, VirtualPath virtualPath, Boolean noBuild, Boolean allowCrossApp, Boolean allowBuildInPrecompile, Boolean ensureIsUpToDate) at System.Web.UI.TemplateControl.LoadControl(VirtualPath virtualPath) at seaweb.authenticated.handler.PlaceHolderLoad(String ControlLocation, PlaceHolder PlaceHolder, Boolean boolBuildTree, String report) Sea-web: Welcome

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Ballast water discharged from ships is known to be one of the primary routes for the transfer of invasive species.  Full story >>

Precious Shipping managing director Khalid Hashim has taken heart from what he has described as a “strong fleet performance” in terms of earnings per day per ship even as the dry bulk owner slipped further into the red.  Full story >>

The world’s major shipowners are feeling the pressure as container ship charter rates plummet and charters are being renegotiated as the financial positions of shipping lines worsen, according to Drewry.  Full story >>

Singapore’s Keppel Corporation has seen net profit in the first quarter fall 41% year-on-year to SGD211 million (USD155.8 million), as profit at the group’s offshore and marine division plunged 53% on-year to SGD95 million.  Full story >>

South Korea’s Ministry of Oceans and Fisheries (MOF) said today that it has chosen Mokpo New Port’s steel terminal to be the first destination for the capsized Sewol ferry once the vessel is hoisted from the water.  Full story >>

South Korean president Park Geun-hye is expected to help seal a slew of newbuilding orders for her country’s shipbuilders during her state visit to Iran.  Full story >>

A total of 44 containers that fell off a feeder ship berthing at Waigaoqiao Port in Shanghai were salvaged yesterday, according to the local office of the Maritime Safety Administration.  Full story >>

Financially troubled Sainty Marine will issue 2.39 billion shares in a plan to raise CNY21 billion (USD3.24 billion) for the purchase of trust and thermal power assets.  Full story >>

Describing the state of Hanjin Shipping's operations as an “emergency”, the embattled shipping line is requiring senior staff to return part of their salaries that they received in 2015.  Full story >>

China Shipbuilding Industry Corporation (CSIC) has announced it will focus activities on civilian-military integration (CMI) in a bid to spur innovation and boost revenues.  Full story >>

Allcargo Logistics, the parent of global non-vessel-operating common carrier (NVOCC) ECU Line, plans to more than double annual revenue to USD2 billion in the next five years as it continues to diversify its service.  Full story >>

Pacific Basin Shipping’s USD150 million rights issue is aimed at strengthening the dry bulk specialist’s liquidity position and allow the group to reserve cash for attractive acquisitions at historically depressed prices.  Full story >>

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