Shippers ‘have upper hand’ in transpacific contract rate talks
Newbuildings and cascaded vessels will make things difficult for operators in negotiations
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Greek owners lead trend in scrapping of crude tankers
Two ageing vessels offloaded for scrap in Bangladesh and Singapore continue intense activity in the demolition market
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Buoyant start to 2018 scuppered by Trump’s America First policy
Freight market optimism has been torpedoed by worries over strength of demand as the rhetoric of a trade war between the US and China ratchets up
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DFDS to Buy U.N. Ro-Ro in $1.2 Bln Deal
Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private equity firms Actera Group and Esas Holdings for 950 million euros ($1.17 billion) on a debt-free basis. It marks a change of …
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