Last year was profitable for Grimaldi’s RoRo and passenger company Finnlines despite a decline in cargo volumes.
U.S. headquartered drybulk shipowner Genco Shipping & Trading Limited is planning to sell ten Handysize vessels as part of its fleet renewal scheme.
AG&P, a Singapore-based downstream gas and LNG logistics company, has broken ground on its LNG Import Facility at Karaikal Port, Puducherry in India.
Ships transiting the Panama Canal could face price hikes of over 30% by April 1, 2020, due to new charges imposed by the Panama Canal Authority (ACP), the International Chamber of Shipping (ICS) said.
Shipping giants Maersk and Mediterranean Shipping Company (MSC), which together form the 2M Alliance, have found a new South Korean partner on the Transpacific trade as their cooperation with Hyundai Merchant Marine (HMM) expires.
The US federal government has allocated USD 93 million for the next phase of deepening the Jacksonville shipping channel to 47 feet from its current depth of 40 feet.
German heavyweights Hapag-Lloyd AG and Hamburger Hafen und Logistik AG (HHLA) announced that they will be continuing their close cooperation in Hamburg for another five years.
Bernhard Schulte Shipmanagement (Singapore) PTE LTD, a vessel operating company, pleaded guilty in the U.S. federal court to maintaining false and incomplete records relating to the discharge of bilge waste from the tank vessel Topaz Express.
The UK government has launched a consultation on its proposed Freeport policy following the country’s withdrawal from the European Union.
The Vietnam National Shipping Lines Corporation (Vinalines) has set sights on joining the global shipping alliances.