Weak governance at the International Maritime Organization (IMO) is delaying the shipping sector’s action on climate change, according to Transparency International. IMO is at risk of unresolved conflicts of interest due to shortcomings in its governan…
TI Blames IMO’s Weak Governance on Climate Change Action Read More »
Maersk Line India announced the introduction of Export and Import service offerings at Kakinada port in Andhra Pradesh. This End to End service (Store Door) will enable customers in the region to reach global touch points. With this first time offering…
Maersk Line New Services at Kakinada Port Read More »
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 »