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IHS Maritime Sea-web: Latest Maritime News
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A seafarer is in hospital in critical condition and all 50 crew evacuated after livestock carrier Ocean Drover caught fire in the port of Fremantle, Australia, today. No livestock were on board the vessel at the time.  Full story >>

Duk-Soo Kang, the man who founded troubled South Korean shipbuilding and engine-making conglomerate STX Corporation, today was sentenced to jail for six years for embezzlement, bribery, and a host of other offences.  Full story >>

The Indian government has approved the acquisition of a polar research vessel (ice-breaker, research and supply vessel) for about $175M.  Full story >>

Malaysia-listed offshore services provider Perdana Petroleum has sold an offshore support vessel (OSV) to Hauston for MYR93.5M ($28.5M). The deal was done through Perdana Petroleum’s wholly owned subsidiary, Perdana Neptune.  Full story >>

Anti-piracy watchdog International Maritime Bureau (IMB) raised concerns over new increase of attacks against small coastal tankers in Southeast Asia.  Full story >>

Shanghai-listed China Merchants Energy Shipping (CMES) yesterday announced a record profit of CNY59.5M ($9.7M) for 3Q14, returning to black from a loss of CNY64 in 3Q13.  Full story >>

South Korean classification society Korean Register (KR) has won a research project from Asia-Pacific Economic Cooperation Secretariat (APEC) to promote the use of LNG-fuelled ships in the Asia-Pacific region.  Full story >>

HHyundai HI has posted a KRW1.175 trillion ($1.12Bn) loss for 3Q14, a new record quarterly loss after a disastrous 2Q14.  Full story >>

Shenzhen-listed China International Marine Containers (CIMC) recorded a profit of CNY586.6M ($95.9M) for 3Q14, making an increase of 38% on the previous year.  Full story >>

The Fugro Equator this week completed the bathymetric survey of the priority MH370 search area, and is on route to Fremantle, Western Australia where it will be refitted to join the underwater search.  Full story >>

A generator fault was behind a fire on board the 207,250dwt bulk carrier Marigold in Port Hedland, Western Australia on 13 July, according to preliminary findings released today.  Full story >>

Vietnamese authorities are seeking a Turkish-owned bulker that reportedly sailed off after colliding with a fishing vessel off Danang.  Full story >>

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