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
Hycamite TCD Technologies, MOLEA, a subsidiary of Mitsui O.S.K. Lines, and MOL PLUS have signed a Memorandum of Understanding…
Shipments of iron ore on the Great Lakes totaled 4.3 million tons in November, a decrease of 4.7 percent from 2023. Shipments…
The river Mosel in western Germany, an important route for grains and rapeseed shipments, has been closed to inland waterways…
With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs…
Hapag-Lloyd reduces emissions & costs through Shipshave’s ITCH solution, confirmed by DNV
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For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
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