North American leader in the transportation and logistics industry TFI International acquired Normandin Transit. Based in Napierville, Quebec, Normandin has grown rapidly since its founding in 1988 by focusing on the transportation of less-than…
TFI International Buys Normandin Transit Read More »
Monaco-based international shipping company Scorpio Bulkers said it has received a commitment for a loan facility of up to $12.75 million from a leading European financial institution to finance the Company’s Kamsarmax bulk carrier. The bulker…
Scorpio Bulkers Gets Loan for Kamsarmax Read More »
The outlook for the container shipping market in 2018 and 2019 is a combination of healthy demand growth that will outpace the fleet; resulting in a better supply-demand balance and slightly higher freight rates and profits for carriers, according…
Drewry Predicts Modest Growth for Container Shipping Read More »
Wilhelmsen and KONGSBERG are joining forces to offer a complete value chain for autonomous ships, from design and development, to control systems, logistics services and vessel operations. The new joint venture company Massterly will be fully operation…
Wilhelmsen, KONGSBERG Establish Autonomous Shipping Company Read More »
Houma, La. shipbuilder Main Iron Works has secured contracts to build four inland push boats for Kirby Inland Marine. The four 2680 BHP twin propeller conventional towboats will measure 88’x35’x12’2” and will join Kirby’s inland towboat fleet for the t…
Main Iron Works Building New Towboats for Kirby Read More »