MSC makes $700m Gram Car Carriers takeover bid
GENEVA : The board of Gram Car Carriers (GCC) have unanimously recommended to shareholders a takeover bid from MSC through its subsidiary SAS Shipping Agencies. SAS has put
GENEVA : The board of Gram Car Carriers (GCC) have unanimously recommended to shareholders a takeover bid from MSC through its subsidiary SAS Shipping Agencies. SAS has put
COPENHAGEN : DSV kicked off 2024 on a high note, securing increased market share across all divisions. The first-quarter results are as expected and signify the stabilization of
TOKYO : ClassNK has released a new tool, ‘WACDAS (WAve Climate Data Aggregation for Ships)’, for calculating the route correction factors essential for ensuring the safety of container
NEW DELHI : Iran-backed Hezbollah has launched a barrage of rockets at an Israeli army headquarters days after Tehran made a “maximum level response” warning to Israel. Iran
BALTIMORE : Baltimore City Council is seeking compensation from the owner and manager of the container ship M.V. Dali over the Francis Scott Key Bridge collapse. In papers
NEW DELHI : Giving a huge fillip to defence exports, India has sent the fourth ‘battery’ of land version of BrahMos supersonic cruise missiles to the Philippines amidst growing
HAMBURG : The Zero Emission Maritime Buyers Alliance (ZEMBA) announced the successful completion of its first ever tender for sustainable ocean shipping, marking a significant step towards reducing
ZHEJIANG : Lvshui 01, the world’s first river-sea electric container ship, arrived at Shengdong Wharf of Yangshan Port in east China’s Zhejiang Province on Monday, setting new records
ABU DHABI : AD Ports Group has signed several agreements with Unicargas and Multiparques securing a 20-year concession agreement (extendable for another 10 years) with the Luanda Port
LONDON : IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges and opportunities