The Expanded Panama Canal set a new monthly tonnage record of 38.1 million tons (PC/UMS) in May 2018.
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New chief executive places bet on developing panamax and post-panamax shipbuilding capability with $60m investment
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Part of the company’s fleet expansion efforts, newbuildings will replaced chartered tonnage
Pan Ocean orders containership duo Read More »
Scorpio Tankers reached a deal to sell and leaseback six MR product tankers to CMB Financial Leasing.
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Inflation-adjusted rates have come down by 50% as fuel costs rise to account for 15% of costs
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Box shipping freight rates fall by half over 20 years Read More »