Germany’s largest container liner shipping company Hapag-Lloyd enjoyed earnings growth in the first half of 2021 which was driven by strong demand and higher freight rates.
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French container shipping major CMA CGM is facing formal accusations in the USA for what was described as “illegal” dealings with Cuba.
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Hong Kong-based CK Hutchison Holdings Limited said that the CK Hutchison Group has entered into a binding agreement with holding company Swire Pacific Limited to acquire 50% interest in Hongkong United Dockyards Limited (HUD) from Swire Pacific.
The po…
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South Korean shipbuilder Hyundai Heavy Industries (HHI) has decided to raise capital amounting up to KRW 1.08 trillion (about $932.8 million) in an effort to fund the development of eco-friendly vessel technologies.
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Bermuda-registered, Norway-based dry bulk shipping company Golden Ocean has terminated its relationship with Capesize Chartering Ltd. (CCL), a joint venture to coordinate the Capesize spot chartering services of Golden Ocean, Starbulk, CTM and Bocimar….
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