Pacific Basin puts the breaks on fleet growth plans (7 APR 2020)
Pacific Basin was very vocal about its fleet growth plans and was eager to pursue...
March imports at US container ports hit five-year low (8 APR 2020)
Imports are projected to remain significantly below normal levels through early summer as the coronavirus...
CargoSmart, Cosco and Tesla in blockchain trial (9 APR 2020)
Apart from COSCO, Shanghai International Port Group (SIPG), and Tesla (Tesla) took part in the...
American Shipping Company closes $305 Mn refinancing for nine ships (10 APR 2020)
As explained, the refinancing is structured in two separate facilities with new and existing lenders....
MSC: Terminals, cargo operations not impacted by network outage (13 APR 2020)
“All MSC departments, terminals and depots are serving customers as usual and cargo is flowing...
Germany’s FSG Halts Operations due to Coronavirus (19 MAR 2020)
Germany’s shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) has suspended all operations and production as the coronavirus pandemic...
Saudi Ports Global inks $1.87 billion deal for King Abdulaziz Port (14 APR 2020)
The SAR 7 billion (USD 1.87 billion) deal makes SGP the sole container terminal operator...
Swire Shipping’s First of Eight Newbuilds Starts Ops (23 MAR 2020)
The ship will be deployed on Swire Shipping’s South East Asia to Papua New Guinea...
MSC resolves network outage (15 APR 2020)
The company said that all internal systems were fully functional and that all its booking...
MV Werften Stops Production at Its Shipyards for 4 Weeks (24 MAR 2020)
On March 22, the three shipyards halted their current ship construction projects. As informed, all...