OceanRail Logistics, part of the Cosco Shipping Group, acquired 60% of the Greek railway company Piraeus Europe Asia Rail Logistics (PEARL) as part of its plan to develop its intermodal transport services network.OceanRail specializes in sea…
Cosco Acquires Stake in Greek Intermodal Firm Read More »
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation takes a hit with a net loss of about USD 42 million for the third quarter and sees signs of “weaker demand” in the container market.Yang Ming said that according to analyst firm Al…
Yang Ming Sees Weaker Demand Read More »
German international shipping and container transportation company Hapag-Lloyd said that its earnings before interest and taxes (EBIT) in the first nine months of 2019 significantly increased to EUR 643 million (9M 2018: EUR 299 million).The…
Hapag-Lloyd Doubles EBIT for 9 Months Read More »
Polish state-controlled oil and gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) has reported a jump in liquefied natural gas (LNG) imports for the first three quarters of the year.The volume of LNG imported in the nine months to…
LNG Imports Jump in Poland Read More »
Peter Livanos-backed LNG player has also acquired some of its bonds maturing in 2021
GasLog taps Norwegian bond investors for $98.4m Read More »