Shipping News
Shipping News
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ICS: Ships Transiting Panama Canal May Face Over 30 Pct Price Hikes
Ships transiting the Panama Canal could face price hikes of over 30% by April 1, 2020, due to new charges…
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Nakilat Boasts Highest Profit Ever
The world’s largest owner of LNG carriers Qatar Gas Transport Company Ltd (NAKILAT) booked its highest yearly net profit since…
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HHLA Handles More Containers in 2019
German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) closed the 2019 financial year with a rise in…
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HMM Eyes Improved Performance in 2020
South Korean shipping major Hyundai Merchant Marine (HMM) is bullish on its performance in 2020, relying heavily on its new…
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Keel Laid for New Swedish-Finnish Ferry
Finnish shipbuilder Rauma Marine Constructions has held a keel-laying ceremony for Aurora Botnia, a new car and passenger ferry being…
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DFDS Ship Allides with Quay in Stormy Weather
A roll-on/roll-off (RoRo) vessel owned by Danish ferry and logistics company DFDS crashed into a quay while entering the port…
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Scorpio Bulkers in Sale and Leaseback with Ocean Yield for Ship Trio
Monaco-based dry bulk shipping company Scorpio Bulkers has decided to sell and leaseback one Kamsarmax and two Ultramax vessels to…
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PIL Exits Transpacific Market to Boost Presence in North-South Trade
Singapore’s shipping company Pacific International Lines (PIL) has decided to withdraw its services from the Transpacific market in an effort…
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Meyer Turku Boasts Strong Growth
Finland-based shipbuilder Meyer Turku Oy reported combined turnover related to the production of the yard and its direct supplier companies…
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Golden Ray Removal Plan Gets Green Light
The U.S. Army Corps of Engineers has given the approval to the Unified Command (UC) for the St. Simons Sound…
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