Saturday 3 December 2016
 
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Shipper

Saudi shipper Bahri posts huge Q4 profit jump

National Shipping Company of Saudi Arabia (Bahri) reported a huge jump in fourth-quarter net profit on Sunday, citing a rise in revenue after the completion of its merger with Vela Marine International and an increase in its fleet size.

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Maersk suspends some Iran ops over sanctions

The world's largest container firm suspended operations at several Iranian ports, potentially disrupting critical food shipments as it complies with tightening US sanctions. A P Moller-Maersk manages several refigerated ships that tran

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