Hapag-Lloyd to Reach Deal to Buy CSAV in January – REPORT
German container shipping company Hapag-Lloyd is nearing a deal to buy Chilean shipper Compania Sud Americana de Vapores (CSAV), a German newspaper
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German container shipping company Hapag-Lloyd is nearing a deal to buy Chilean shipper Compania Sud Americana de Vapores (CSAV), a German newspaper
Maersk Line announced today the revival of the SeaLand brand with formation of a new US-headquartered, intra-Americas container shipping firm of the same name.
Some new details have emerged today about the condition of the MSC Monterey containership which suffered a crack in its hull while underway in adverse
Update 2: 1.5 Meter Crack Discovered in Hull of MSC Monterey Update: The Joint Rescue Coordination Centre reports that the MSC Monterey is currently at anchor
The chairman of German shipping group Hapag-Lloyd said rival Hamburg Süd should join merger talks between Hapag-Lloyd and Chile's Vapores
Container unloading at Libya's Misrata port has hit record levels this year and the major shipping gateway is expanding, a local official said, in a rare
The EMMA MAERSK suffered a flooding incident in February as it was getting ready to transit the Suez Canal. As reported earlier, water entered the vessel
By Gavin van Marle Container throughput in Pakistan could rise dramatically if China succeeds in its ambition to build a new deepwater port in the country
SEOUL, Dec 19 (Reuters) – Korean Air Lines Co Ltd plans to raise 3.5 trillion won ($3.33 billion) over two years by selling assets such as shares in
Diana Containerships Inc. (DCIX) took everybody by surprise, announcing the sale of its 18-year old Panamax containership “Spinel“ (Ex “APL
Navios Europe Inc. announced today they have acquired ten vessels from debtors of HSH Nordbank AG including five product tankers and five Panamax and
The chief executive of TUI AG , a shareholder in German shipper Hapag-Lloyd , said he viewed as positive the talks between the shipper and Chilean rival
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) announced today the winning of a newbuild order for six, 10,000 TEU containerships
The China Navigation Company (CNCo), the deep sea shipping arm of the multinational Swire Group, has announced today the signing of a conditional sale and
Taiwan’s largest container shipping company, Evergreen, has joined the growing group of carriers selling assets to turn around a year of loss-making
JERUSALEM, Dec 15 (Reuters) – Standard & Poor’s Maalot lowered its rating for Israeli shipping firm Zim to “CC” from
By Mike Wackett The G6 Alliance’s plan to expand its scope on transpacific and transatlantic trade lanes is scheduled to be approved on January 16,
United Arab Shipping Company (UASC) has announced today plans to retrofit its future fleet of ultra-large (14,000 – 18,000 TEU) containerships with
By Gavin van Marle in Dubai Ports in the Gulf region need to prepare for much larger vessel sizes as a result of the cascading effect taking place as
HAMBURG, Dec 9 (Reuters) – German shipping company Hapag-Lloyd’s merger talks with Chile’s Vapores may herald further deals with other peers,
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