Finance

PSA unboXed, the Singapore-based venture capital arm of PSA International, and Israeli-based theDOCK Innovation Hub have entered into an agreement to jumpstart

by Jacob Gronholt-Pedersen (Reuters) – The world’s largest container shipping company, A.P. Moller-Maersk, warned trade headwinds would slow growth

With high school seniors across the US get busy applying for college, SUNY Maritime College in New York City has won an unprecedented set of awards for

by Brenda Goh (Reuters) – China’s COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs

By Mike Wackett (TheLoadstar) DP World’s planned acquisition of European shortsea container line Unifeeder took the industry by surprise when the deal was

by Constantinos Georgizas (Reuters) – Greek shipping tycoon Vangelis Marinakis, the owner of Olympiakos Piraeus and Nottingham Forest soccer

By Alex Longley, Firat Kayakiran and Irene García Pérez (Bloomberg) — If you happen to be at the beach this summer, make a mental note of any giant

by Teis Jensen (Reuters) – Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private

by Arpan Varghese (Reuters) – The Baltic Exchange’s main sea freight index extended its slide to a fourth straight session to touch a near six-month

By Blake Schmidt (Bloomberg) When 600 cryptocurrency enthusiasts set sail from Singapore on Monday night for their second annual Blockchain Cruise, the price

by Jonathan Saul, Arno Schuetze (Reuters) Top national lenders Deutsche Bank and Commerzbank are stepping up efforts to offload distressed shipping loans,

By Vera Eckert and Christoph Steitz (Reuters) German shipping group Hapag-Lloyd kept its outlook for the current year after its nine-month operating profit

LONDON (Reuters) – Gas exporting giant Qatar has all but sold out of winter supply after committing its spare output to China and South Korea, a

by Stine Jacobsen (Reuters) – A.P. Moller-Maersk , the world’s largest container shipping group, cut the profit forecast for its core business on

by Jonathan Saul (Reuters) The leap in assets at Credit Suisse’s private bank to a record high this year has been aided by a key plank of the bank’s

By Christopher Palmeri (Bloomberg) Carnival, Royal Caribbean, and Norwegian Cruise Line all tumbled in Tuesday trading as Hurricane Irma threatened to do to

By Geraldine Amiel and Christian Wienberg (Bloomberg) Total SA agreed to buy the oil and gas unit of A.P. Moller-Maersk A/S, the French company’s biggest

By Brenda Goh and Matthew Miller (Reuters) COSCO Shipping Holdings Co Ltd (601919.SS) has offered to buy Orient Overseas International Ltd (OOIL) (0316.HK) for

by Ole Petter Skonnord (Reuters) Tanker firm Frontline, controlled by billionaire investor John Fredriksen, expects a growing number of supertankers to be used

  By Karen Rodrigues – May 5 (Reuters) The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk