BERENBERG SECURES USD 500 MN FOR SHIPPING LOANS ( 06 Jul, 2016)
Hamburg-based banking company Joh. Berenberg, Gossler & Co. (Berenberg Bank) has secured some USD 500 million...
LOSS OF HANJIN AND HMM CARRIES MULTI-BILLION PRICE TAG (23 Jun, 2016)
Image Courtesy: Hanjin Shipping South Korea’s economy would be hit by damages in the amount...
HAPAG-LLOYD, UASC AGREE ON MERGER TERMS (04 Jul, 2016)
German shipping major Hapag-Lloyd and United Arab Shipping Company (UASC) have reached an agreement on the...
MAERSK’S SAEGO LINE ADDS NEW BOXSHIP TO LIVERPOOL SERVICE ( 26 Jul, 2016)
Saego Line, a subsidiary of Danish shipping company Maersk, has introduced a new vessel, the...
GREEK LAWMAKERS APPROVE SALE OF PIRAEUS STAKE TO COSCO (01 Jul, 2016)
The sale of the majority stake in the Greek port of Piraeus to China’s port...
EU COUNCIL APPROVES NEW PORT TRANSPARENCY RULES (28 Jun, 2016)
Image Courtesy: Port of Hamburg/Michael Lindner The EU Council’s Permanent Representatives Committee approved on June...
UASC’S SHAREHOLDERS GIVE NOD TO MERGER WITH HAPAG-LLOYD (27 Jun, 2016)
Image Courtesy: UASC Dubai-based container shipping firm United Arab Shipping Company S.A.G. (UASC) informed that all...
MAERSK TO CONSIDER SPLITTING ITS OPERATIONS? (25 Jun, 2016)
Image Courtesy: Maersk Danish shipping and energy conglomerate Maersk Group is considering a number of...
FIRE DELAYS CMA CGM ROSSINI IN COLOMBO ( 24 Jun, 2016)
The 5,770 TEU containership CMA CGM Rossini is wrapping up operations at the port of Colombo, Sri...
HMM TO INCREASE MIDDLE EAST-ASIA COVERAGE ( 04 Jul, 2016)
As Hyundai Merchant Marine aims to take advantage of a surge in shipping demand following the...