The Panama Canal closed its 2018 fiscal year with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5 percent increase from the previous year, the Panama Canal Authority reports.With this tonnage, the Panama…
Panama Canal Sets Record Annual Cargo Tonnage Read More »
One of China’s most politically connected private investment groups is understood to have successfully raised cash for a bond payment by selling assets, including containerships
CMIG Leasing quietly sells boxships to raise bond cash Read More »
Herbhorn Hansson-led tanker owner ‘firm believers in market turnaround’ for 2018.
Nordic American Tankers enjoys spot market upswing Read More »
Mersin-Russia Express set to roll out for transport of perishable goods between Turkey and Russia.
Arkas, Cosco team up for reefer service Read More »
Flex LNG, controlled by Norwegian-born billionaire John Fredriksen, has raised $300 million in a private placement of shares to help pay for five new vessels costing $918 million, it said on Thursday.Fredriksen’s companies typically add high-yield bond…
Fredriksen’s Flex Raises $300 Mln for LNG Newbuilds Read More »