The company will reportedly pay $1.3b for eight 13,350-TEU containerships and eight 205,000-dwt dry bulk cargo ships for $612.8m. COSCO had said in April that it would expand its fleet by ordering $2.3b worth of new ships and planned to raise its 2008 capital expenditure by 37 percent to $3.34b
At least five people, including a child, died in an attempt to cross the English Channel from France, hours after Britain…
The MSC Foundation, the MSC Group and Mercy Ships International have joined forces to build a new hospital ship.On 8 April…
An accident with a shiploader at the sugar terminal in the Recife port in Northeastern Brazil suspended loading operations at the site…
Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations…
As the maritime industry continues to rapidly advance with increasingly stringent regulations and ever-evolving technology, staying ahead of the curve requires embracing innovative technological
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
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