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...
Royal Caribbean axes 5,000 jobs amid prolonged cruise ban (16 APR 2020)
The company revealed the decision on Wednesday saying it would lay off or furlough approximately...
DP World’s P&O Maritime Logistics Orders Ship Pair for Papua New Guinea Ops (25 MAR 2020)
The vessels, designed by Wartsila Ship Design, will be built at Fujian Mawei Shipbuilding Limited...
DFDS Ship Allides with Quay in Stormy Weather (10 FEB 2020)
A roll-on/roll-off (RoRo) vessel owned by Danish ferry and logistics company DFDS crashed into a...