Canadian container ship owner and operator, Seaspan Corporation has successfully closed its previously announced issuance of US$750 million in senior unsecured notes, upsized from the original offering size
GENEVA : Mediterranean Shipping Company (MSC) and Shell International Petroleum Company Limited (Shell) have announced a long-term collaboration over the decarbonisation in the global shipping sector. The long-term
Hakone Maru, a container carrier formerly owned and operated by NYK, has been recognized by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) as “Japan’s first
Charter hire rates for multipurpose and heavylift vessels have surpassed the highs registered in 2008 to create new all-time records, latest data from Drewry shows. According to Drewry’s
Evergreen Marine Corporation is reported to have ordered 6,000 new reefer containers from the Chinese manufacturers, Guangdong Fuwa Equipment Manufacturing (Fuwa), according to the Taiwan Stock Exchange Inc.
GENEVA : Mediterranean Shipping Company (MSC) has announced new rates from Sri Lanka, India and Pakistan to two of the most important European hubs, the ports of Antwerp
COPENHAGEN : Maersk Line is said to be discussing orders for up to a dozen 15,000TEU methanol-fuelled container ships at Hyundai Heavy Industries (HHI), according to reports from
SINGAPORE : Singapore kept its position as the world’s top shipping hub on the 2021 Xinhua-Baltic International Shipping Centre Development (ISCD) Index for the 8th consecutive year. The
Yang Ming is reportedly planning to join the current newbuilding “arms race”, as it seems to be involved in orders of new container ships, while the company’s last
NEW YORK : President Joe Biden will shortly order American transportation agencies to address competition in rail and shipping, as shippers struggle with sky high freight rates. Biden’s