According to a report posted on Reuters, Canadian pension fund Ontario Municipal Employees Retirement Scheme (OMERS) is reportedly set to buy V. Ships, one of the world's biggest ship managers, for about $500m. (Source: Reuters)
Company Receives New Refrigerated Containers and Places Order for New Genset Equipment
Sea Star Line, LLC began receiving the first of its new 100 40’ and 45’
Containerized imports shipped through the Port of Oakland were up 9.17% in October from a year ago, the port said, citing the surge as the biggest jump in import cargo volume in six months.
After 30 years of service to Furuno USA, Inc., Jim Atteridge is retiring as President and assuming a new role, as Director and Corporate Advisor.
Effective December 1,
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as $1 million a year if current price level stay put. Assuming
Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors.
Rates for very large crude carriers (VLCCs)
A strike in parts of Belgium on Monday is expected to disrupt rail services and one of Europe's largest ports as trade unions and workers voice their anger over