Hahn & Co. and Hana Financial Group have agreed to buy a 100 percent stake in H-Line Shipping for 1.8 trillion won ($1.45 billion).
The two firms will create a project fund for the leveraged buyout of H-Line...
The Baltic Briefing has released a report about the dry bulk market of the 21st week of shipping activities of this year. The report dated 22nd May highlights the plight of the dry bulk market at the on-sight of...
South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) delivers HMM Copenhagen.
It is its second 24,000 TEU containership from a batch of twelve units, to the compatriot shipping company HMM.
The newbuilding joins its sister ship...
The Baltic Briefing has issued the tanker report for the 21st week of this year. The report dated 22nd May 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
This week visualized a...
Oceanbolt has signed up with a promising Norwegian (Oslo) based tech start-up.
Oceanbolt is an online market intelligence platform for the dry bulk industry.
The insights available in the platform are based on analyzing AIS data in real-time.
...
Nippon Paint Marine’s new Neoguard Toughness has gained considerable market acceptance.
The thickness of the highly solid epoxy coating is particularly suited to protecting steel structures from abrasions.
The product satisfies the requirement of the U.S. FDA for...
DHL Global Forwarding launched its myDHLi online customer platform.
The platform gives users completely transparent real-time shipment management including quoting, booking, emissions and tracking.
All shipment information can be followed and shared and its key feature is simplicity,...
Hyundai Heavy Industries secured an order to build two VLCCs.
The value of the orders for two 300,000-ton VLCCs.
They will be equipped with scrubbers to meet IMO emission regulations.
The VLCCs will be built in Ulsan and...
Liners reinserting sailings on the transpacific which had previously been cancelled, reports Splash 247.
Increase in demand
Transpacific
THE Alliance, which features Hapag-Lloyd, HMM, ONE and Yang Ming, is now reinserting two sailings on the transpacific which had previously been cancelled.
Asia-Mediterranean
THE Alliance...
MOL has placed orders at two Chinese-Japanese joint venture yards for the construction of four bulk carriers.
The company has ordered two kamsarmaxes at a joint venture yard run by Yangzijiang and Mitsui E&S Shipbuilding.
MOL has also...
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