Mitsui OSK Lines (MOL) to Acquire Fairfield Chemical Carriers
Mitsui OSK Lines (MOL) Invests $400 Million to Acquire Fairfield Chemical Carriers, Bolstering Its Position in the…
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maritime news
Maersk Reduces Stake in Höegh Autoliners,
Garnering $115 Million, Maersk reduces stake in Höegh autoliners, the norwegian car carrier company, according to…
Container Charter Market Faces Challenges Amid Falling Demand
Weaker demand and shortage of available ships over 3000 TEU capacity challenge the container charter market,…
LWU Ratifies Six-Year Labor Contract, Ending West Coast Port Disruptions
75% of LWU Membership Approves Agreement Covering 22,000 Workers Across 29 West Coast Ports, according to…
Maersk Finalizes ECO Delivery Deal with Amazon
Maersk and Amazon sign the deal on the utilization of environmentally friendly biofuels "ECO Delivery" for the…
Danish Supreme Court Rules Against Maersk and TotalEnergies in Tax Case
Alleged Misuse of Transfer Pricing in Algeria and Qatar Operations Leads to Tax Ruling from the Danish Supreme…
UPDATE: Hapag-Lloyd Excluded from HMM Bidding as Korean Consortiums Advance
According to three local sources in Korea, Hapag-Lloyd Excluded from HMM Bidding as Korean Consortiums Advance.
Panamá Canal: Prolonged Drought Persists Longer Transit Restrictions
The Panama Canal Authority announced the extension of transit restrictions for vessels navigating the iconic…
COSCO’s Rise and ZIM’s Fall: Container Carrier Margin Rankings in Q2…
According to sources COSCO's Rise and ZIM's Fall: Container Carrier Margin Rankings in Q2 2023, overall shipping…
Hapag-Lloyd’s Foreign Bid for HMM Faces Backlash from South Korean Industry…
the Federation of Korea Maritime Industries (FKMI) and the Busan Port Development Association (BPDA) have raised…