The new head of South Korean flag carrier Hyundai Merchant Marine (HMM) Jae-hoon Bae is on a charm-offensive trip to Europe to cement the shipping line’s relations with global majors.HMM said Bae, who became HMM’s president and chief executive last mon…
HMM to Enhance Global On-site Management Read More »
UK-based containership charter owner Global Ship Lease (GSL) has agreed a minimum 30-month / maximum 38-month charter with Maersk Line for the 2000-built, 5,936 TEU containership Tasman.The new charter is expected to commence in July 2019 on…
GSL Inks Long Term Charter with Maersk Read More »
Debt-ridden Barakah disclosed that new funds are expected to be raised through a share placement, with a white knight expected…
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VT Halter Marine of Pascagoula, MS has emerged the victor in one of the most prized and coveted shipbuilding contracts in recent memory, a $746m deal to build the Coast Guard’s lead Polar Security Cutter. If two additional ship options are exercised, t…
VT Halter Wins Historic $746m CG Contract Read More »