Finnish ferry operator Finnlines, part of the Italian Grimaldi Group, has secured a loan of EUR 30 million (about $35 million) to finance the acquisition of its three new hybrid cargo vessels.
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The US-based company SunStone Ships recently celebrated the steel-cutting ceremony for Ocean Odyssey, the fifth Infinity-class next-generation expedition cruise vessel.
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All of HMM’s twelve 24,000 TEU containerships have been entirely filled with cargoes on their first voyage, the South Korean shipping major said.
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YM Mandate, a containership that was leaking fuel oil at Global Container Terminals (GCT) Bayonne in New Jersey last week, departed the terminal on 3 October to undergo repairs at a different…
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Ahead of the UK’s exit from the EU Customs union, the country’s government has launched a £200 million ($258 million) fund to enable ports to build new facilities and prepare for life outside the…
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