A sudden, severe reduction in the intrinsic value of Ant's business rendered the offering non-viable.
The de-valuation was not the result of a traditional business set-back.
It arose from a regulatory change that effectively re-categorized the company as...
The new facility will be located within the expansion and modernization of the Port of Progreso, the main port of the State, approx. 35 kilometers from the capital Merida.
Fincantieri will be granted a 40-year concession for...
CMA CGM is pleased to announce the launch of SEAPRIORITY Express (SEA-X) service.
Best-in-class transit from Yantian to Los Angeles in just 12 days, exclusive to shipments booked with SEAPRIORITY go or SEAPRIORITY get.
Time-sensitive shipments will be flagged as "priority...
CMA CGM has joined its liner peers in posting a huge profit for the third quarter of $567m.
Carryings on CMA CGM vessels were up just 1% on the year before, at 5.59m teu, with the improved financials...
According to a Supply Chain Dive article written by Matt Leonard cargo rollovers have risen just in time for Maersk new rolls. The rate of rolled cargo at transshipment ports increased in October to nearly 29%, up from almost...
MSC has snapped up 2000-built 1,730 teu feeder boxship Amanda D.
The vessel has been renamed MSC Panaya, and like many of MSC’s recent purchases it was previously on charter to the line.
MSC has acquired the 2006-built...
ADP leverages metering and communications technology to bring unparalleled transparency and efficiency to bunker deliveries.
First "proof-of-concept" delivery successfully conducted in Singapore with Hafnia.
Service to launch in ARA, Fujairah, and Singapore in early 2021.According to an article published in Minerva...
Marine propulsion and engineering specialist ABB has secured an order of around $150m to deliver a comprehensive scope of technologies.
The order is to power next-generation cruise ships being built by Italian shipbuilder Fincantieri.
Strengthening its preferred supplier...
Gas supplier Gasum has expanded its LNG bunker supply operation from the Nordics to Northwest Europe, reports Ship&Bunker.
The contract
Gasum has signed a deal with Norwegian energy company Equinor to supply LNG bunkers to them in the Amsterdam, Rotterdam and...
Maersk has delivered a respectable Q3 results with improved profitability despite the Covid-19 pandemic having a negative impact on the global economy.
The shipping group reported a Q3 revenue of $9.9bn, down 1.4% year-on-year, and EBITDA up 39%...
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