HANJIN’S PANAMAX QUARTET SOLD FOR USD 22.4 MN (10 Dec, 2016)

Four of Hanjin Shipping’s 4,275 TEU containerships were sold to South Korean company Korea Marine...

MAERSK LINE, MSC AND HMM ENTER STRATEGIC COOPERATION (12 Dec, 2016)

Maersk Line, Mediterranean Shipping Company (MSC) and Hyundai Merchant Marine (HMM) have reached an agreement...

HYUNDAI HEAVY TO BUILD BOXSHIPS, TANKERS FOR IRISL (13 Dec, 2016)

South Korean shipbuilder Hyundai Heavy Industries (HHI) has signed contracts to construct 14,500 TEU container...

CMA CGM SETS UP NEW MEDITERRANEAN SERVICE ( 14 Dec, 2016)

French container shipping major CMA CGM has launched Marmara Express, a new service linking the...

APL ENHANCES INTRA-ASIA COVERAGE (08 Nov, 2016)

Singapore-based container shipping company APL has revealed that it will expand its Intra-Asia coverage with...

COSCO SHIPYARD TO TAKE OVER WARTSILA’S STAKE IN COSCO STA (26 Nov, 2016)

COSCO Shipyard Group (CSG) has inked an equity transfer and joint venture termination agreement with...

REPORT: HMM PLANS TO CONTROL 5 PCT OF GLOBAL MARKET SHARE BY 2021 (15 Dec, 2016)

Image Courtesy: HMM South Korean shipping company Hyundai Merchant Marine (HMM) revealed its plans to...

NYK LINE SELLS ORE CARRIER GAIA PEGASUS (26 Oct 2016)

Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) has reached an agreement to sell...

HYUNDAI HEAVY SEES LOWER NET INCOME, STILL IN BLACK ( 27 Oct, 2016)

South Korean shipbuilder Hyundai Heavy Industries, one of the country’s Big Three shipyards, has managed...

MAERSK LINE TO OPERATE SIX OF HANJIN’S BOXSHIPS (28 Oct, 2016)

Six container ships of the bankrupt South Korean shipping company Hanjin Shipping Co. will now be...