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IHS Maritime Sea-web: Latest Maritime News
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Jiangsu Rongsheng HI, a key subsidiary of China Rongsheng HI Group Holdings (RSHI), has had its assets worth CNY16 million (USD3 million) seized and frozen by a court over disputes with a Chinese marine materials and spare parts supplier.  Full story >>

The Maritime and Port Authority of Singapore (MPA) has reiterated that all new bunker tankers applying for a bunker tanker license must be fitted with an approved mass flow meter (MFM) for delivery of marine fuel oil (MFO) by 31 December.  Full story >>

China’s major thermal power plants, the primary consumer of coal, had 79.06 million tonnes of coal inventories by the end of June, according to National Development and Reform Commission data.  Full story >>

Sanctions have been imposed on two North Korean shipping companies that tried to smuggle military weapons from Cuba.  Full story >>

Hong Kong-based dry bulk shipping company Jinhui Shupping has issued a profit warning, saying that the board expects the company to report a net loss for 1H14 in August, when its interim results are due.  Full story >>

A major dredging project that will deepen a 34km section of the Suez Canal’s western channels by 1.2m to 15.8m is scheduled to get under way this week..  Full story >>

NYSE-listed Baltic Trading posted a greater than expected quarterly loss as dry bulk spot rates remained depressed.  Full story >>

Spanish infrastructure and energy group Acciona plans to sell its shipping subsidiary Trasmediterranea before the end of the year.  Full story >>

Hong Kong-listed Pacific Basin Shipping made a $90.7M loss during the first half of 2014, down from a profit of $300,000 for the same period last year.  Full story >>

Australia today released an updated map of the seabed survey area in the southern Indian Ocean where the missing Malaysian airlines MH370 is suspected to have crashed.  Full story >>

Subsea7, the London-based seabed to surface construction company that is listed in Oslo, has reported a marked improvement in interim results.  Full story >>

A bulk carrier at Abbot Point coal port in Australia has been detained for crossing the Great Barrier Reef without the required nautical charts.  Full story >>

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