LACKLUSTER FREIGHT RATES PUSH CHINA COSCO FURTHER INTO LOSS (27 Aug, 2016)

Image Courtesy: COSCO Holdings Dragged by lackluster freight rates in the container shipping market during the...

REPORT: COSCO, CHINA SHIPPING TO MERGE SHIPBUILDING YARDS (07 Oct, 2016)

Image Courtesy: COSCO Two of China’s major shipping companies could merge 11 shipbuilding yards into...

HAPAG-LLOYD’S SHAREHOLDERS APPROVE UASC MERGER TERMS (29 Aug, 2016)

Image Courtesy: Hapag-Lloyd German shipping company Hapag-Lloyd has received an approval from its shareholders during...

MOL SELLS ANOTHER CAPESIZE BULKER (08 Oct 2016)

Tokyo-based shipping firm Mitsui O.S.K. Lines, Ltd. (MOL) has reached an agreement to sell another...

HYUNDAI HEAVY TO BUILD TWO TANKERS FOR ENTERPRISES SHIPPING ( 30 Aug, 2016)

Greece-based shipping company Enterprises Shipping and Trading has placed an order for two 158,000 dwt...

MAERSK LINE HAS ENTERED INTO A TWO-YEAR AGREEMENT WITH BIGOCEANDATA FOR ITS VESSEL TRACKING SERVICES (10 Oct, 2016)

Danish shipping company Maersk Line has entered into a two-year agreement with BigOceanData for its...

CREDITORS TO END HANJIN SHIPPING’S FINANCIAL SUPPORT ( 31 Aug, 2016)

The ailing South Korean container carrier Hanjin Shipping has taken a step toward bankruptcy as its...

MAESTRO DIAMOND AGROUND IN BALTIC SEA ( 11 Oct 2016)

The 2015-built bulk carrier Maestro Diamond ran into trouble in the Baltic Sea, off the...

MAERSK TANKERS, WÄRTSILÄ SIGN EC BWMS ORDER (01 Sep, 2016)

Maersk Tankers, the tanker operating arm of the Danish shipping conglomerate Maersk, has ordered Wärtsilä’s Electro...

NYK ADDS NEW INTRA-ASIA CAR TRANSPORT SERVICE ( 12 Oct, 2016)

Japan’s shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) has launched a new, twice-monthly car...