Ship Finance confirms Lemos cash and shares deal
John Fredriksen company nabs four boxships.
Ship Finance confirms Lemos cash and shares deal Read More »
June 2018
State-owned Yingkou Port defaults on $83m debts
Default comes as Yingkou, a major sea port in northern China, has been borrowing heavily in recent years in expanding…
State-owned Yingkou Port defaults on $83m debts Read More »
Maersk and MSC plan more 2M ship speed cuts in punctuality drive
Many ports are unable to handle the new generation of 20,000 teu ships efficiently, which is adding to delays across…
Maersk and MSC plan more 2M ship speed cuts in punctuality drive Read More »
AP Moller Maersk arm launches China Europe rail service
Danish giant’s logistics subsidiary says service will knock 20 days off ocean freight times.
AP Moller Maersk arm launches China Europe rail service Read More »
Euronav Sells Suezmax Cap Jean
Tanker company Euronav NV announced that it has sold the Suezmax Cap Jean (1998 – 146,643 dwt) for USD 10.6 million. The vessel was delivered to her new owners on June 8th. The Company will record a capital gain of approximately USD 10.6 million in the…
Euronav Sells Suezmax Cap Jean Read More »