Shipping firm Daiichi Chuo Kisen Kaisha said Tuesday it has filed for bankruptcy protection. It reported liabilities of ¥119.6 billion. The failure of the mid-size maritime shipping company is attributed to sluggish market conditions due to the slowing of the Chinese economy and higher fees ...
Sanctioned North Korea shipping firm still active, has renamed ships, U.N. panel says
A United Nations-blacklisted North Korean shipping company has renamed most of its vessels in a bid to disguise their origin and continues illicit shipments in violation of sanctions, according to a U.N. experts report seen by reporters on Wednesday. The U.N. Security Council's Panel of ...
