Capesize rates slide after hitting 5-month high.
Rates for capesize bulk carriers eased this week after hitting their highest since December, and could come
German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.
China Shipping Development (CSD) and Cosco have established a joint venture (JV), China Ore Shipping Pte., in Singapore to purchase four 400,000 dwt ore carriers from Vale and operate them.
International Longshore and Warehouse Union members have ratified a five-year contract governing pay and work rules at 29 West Coast ports, including those of Los Angeles and Long Beach.
The St. Lawrence Seaway Management Corporation (SLSMC) announced today that it will receive a prestigious award from the Organization for Economic Cooperation
It was an historic moment for Indonesia when President of Indonesia inaugurated the Lamong Bay Terminal in Surabaya, East Java, operated by state-owned PT Pelabuhan Indonesia III (Pelindo III).