German government approves sale of DB Schenker rail business
The first half of 2022 was the most successful for Schenker in its 150-year history as a logistics company: Levin…
Ship financing reaches USD 500 MM
According to Hellenic Shipping News, shipping finance has shown its first signs of growth over the past year. The…
CNBC: Drop in freight rates indicates global recession according to S&P
The drop in freight rates as global trade volumes slow as a result of reduced demand for goods, the latest data…
Maersk (APMT) sells its stake in Global Ports
APM Terminals, port operator of the APM-Maersk Group, will sell its 30.75% shareholding in Global Ports Investments…
German Ministry could block the agreement between HHLA & COSCO
According to Alphaliner, the changing geopolitical landscape has prompted the German Federal Ministry of Economic…
USA blocks merger of reefer container manufacturers CIMC & Maersk
USA blocks merger of reefer container makers China International Marine Containers Group Co and Maersk over…
WMU: Hosts Maritime Decarbonization Seminar
From 30-31 August, the World Maritime University (WMU) hosted a two-day international seminar on the role of green…
Container Shipping outlook second half of 2022
Container Shipping outlook second half of 2022: Softer demand, lower freight rates, union disagreements, inflation,…
Alphaliner: Non-cellular ships will not solve liner trade capacity shortage
According to Alphaliner, the total capacity of non-cellular ships deployed on regular liner services in August has…
Astronomers discover “Ocean Planet”
The "ocean planet" discovered would have 30% of its mass composed of water and five times the size of the earth.