Hapag-Lloyd Advances Plans for $500 Million IPO
By Angela Cullen and Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG, Germany’s biggest shipping line, is seeking to raise $500 million from
By Angela Cullen and Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG, Germany’s biggest shipping line, is seeking to raise $500 million from
(The following statement was released by the rating agency) LONDON, September 28 (Fitch) China’s slower growth and economic transition will pose
NAIROBI, Sept 27 (Reuters) – A Norwegian-flagged ship that was held in Kenya for more than a week over undeclared weapons belonging to the United
The platform supply vessel NAO Prosper undocks from dry dock at Dales Marine Services in Leith, UK. The 4,200 DWT vessel was built by Ulstein in 2012 and is
The central processing facility (CPF) for the INPEX-operated Ichthys LNG Project is launched on September 19, 2015 from the offshore floating dock at the
Blue Star Ferry coming in hot! Hopefully this one makes up for all the other ferry docking and ship handling videos we have posted lately. And for all the
OSLO, Sept 25 (Reuters) – Statoil has cut the initial costs of developing one of Norway’s biggest industrial projects, the Johan Sverdrup
Swedish shipowner Viking Supply Ships says that due to the continued market the company is forced to lay up three platform supply vessels. The vessels
Salvors have removed a total of 977,000 liters of heavy oil from the tanks of the grounded MV Victoria off Sweden, but the effort to refloat the vessel
COPENHAGEN, Sept 25 (Reuters) – Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 31 percent to $313
U.S.-flag Great Lake carriers are using a recent 20-day closer of a lock at the Soo Locks in Sault Ste. Marie, Michigan to highlight the need for a
LONDON, Sept 25 (Reuters) – Jeremy Penn, chief executive of London’s centuries old Baltic Exchange will step down next year, the exchange
By Peter Millard and Yasmine Batista (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, is being linked for the first
The Port of Miami is now the only major logistics hub south of Virginia capable of handling fully laden post-Panamax vessels with the completion of a
A ship is blanketed in thick haze at while unloading cargo at the Tanjong Pagar shipping container port in Singapore, September 24, 2015.
Samsung Heavy Industries has launched the semi-submersible that will serve as the central processing facility (CPF) for the giant Ichthys LNG project off
Cruising around the Caribbean or Mediterranean in a mega yacht may be relaxing and all, but for you more adventurous yachtsmen unafraid of a
NAIROBI, Sept 24 (Reuters) – Weapons discovered by Kenyan authorities aboard a Norwegian ship were part of a legitimate cargo for United Nations
SHANGHAI, Sept 24 (Reuters) – China is probing shipping companies over allegations that they have been levying arbitrary and excessive charges,
By Christine Buurma (Bloomberg) — When TOTE Inc., a shipper that operates between the U.S. and the Caribbean, launched its latest container ship
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