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Port News
PIL lines up eight LNG neo-panamaxes in China–Korea split
Pacific International Lines has moved a step closer to its next phase of fleet renewal, signing letters of intent for…
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Marine World
Transpacific Spot Rates Split as Discounts Emerge
Container spot freight rates on the main east-west deepsea trades saw some uplift this week from the 1 November general…
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Maritime News
Ferry Sinks Passenger Vessel After Going Adrift in Severe Storm in Croatia
On Tuesday morning, a sudden storm swept over the coast of Croatia, tearing down trees and disrupting traffic – and…
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Port News
Castor Maritime moves for reverse stock split to keep Nasdaq listing
Cyprus-based bulker and boxship owner Castor Maritime has decided to carry out a one-for-ten reverse stock split on Nasdaq to…
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Maritime News
Kleven Verft Split Into Three Companies to Complete Bankruptcy
Additional details are emerging on the sale of Norway’s Kleven Verft. Divisions of the bankrupt shipbuilder are being sold independently…
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Marine World
Wärtsilä to Split Up Marine Business
The new businesses will consist of Marine Power, Marine Systems and Marine Voyage, and will be operational as of 1…
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