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Europe’s Third Largest Port To Have A New Chinese Shareholder

COSCO Shipping Ports, to take a stake in the container terminal of Hamburg, Germany's largest port, reports Xinde Marine News. About the acquisition On June 4,...

81,000 dwt Bulk Carrier “Golden Furious” Delivered

On June 10, an 81,000 DWT bulk carrier, "GOLDEN FURIOUS", built for Norway's Frontline, was successfully delivered by China Shipbuilding Trading and DSIC Shanhaiguan...

CMA CGM, CNES Inks A Unique Shipping, Logistics & Space Partnership Agreement

Wide-ranging five-year agreement between CNES and CMA CGM. Unique collaboration covering smart ship routing, the maritime energy transition, upgrading of port activities, and...

Capital Increase In TORM In Connection With Delivery of Vessel

With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team...

Bidder Spends $28m For A Space Ride With Jeff Bezos

Bezos, the owner of the Blue Origin space travel company, will venture beyond Earth's atmosphere on the New Shepard spacecraft next month. Bidder...

Yang Ming’s Monthly Profit Surged Fifty Times To A New High

Yang Ming released its financial report for April, with monthly revenue of NT $21.698 billion (about RMB 5.036 billion) and a net profit after...

GasLog Ltd. Announces Closing of Take Private Transaction

GasLog Ltd. (“GasLog” or the “Company”) (NYSE: GLOG) has completed the previously announced transaction with BlackRock’s Global Energy & Power Infrastructure team, says a...

MSC To Overtake 2M Partner Maersk

As its fleet capacity edges above 4m teu, MSC is on the cusp of overtaking 2M partner Maersk to become the largest carrier. The Swiss...

Auction of An Abandoned Merchant Ship

A merchant vessel by the name of ‘Ratibor’ has been lying stranded and abandoned, located on the left bank of the Guadalmedina river, after sailing...

Xiamen Port Registers 1,000 Silk Road Shipping Voyages In 2021

The 1,000th Silk Road Shipping voyage this year set off Monday from Xiamen, a coastal city in East China's Fujian province, says an article...
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