China CSSC Holdings (600150) plans to raise up to four billion yuan from a private placement of 60 million shares at not less than $0.6b per share, reports Shanghai Securities News, citing a company filing. The target shares will be offered to up to 10 investors, including China State Shipbuilding Corporation (CSSC), CSSC Holdings’ parent, Baosteel Group and China Shipping Group.
Maersk expects global trade growth rising as much as 7% next year, bolstered by strong demand from the United States where…
Taiwan's defense ministry said on Friday that China's threat to Taiwan and the region has been evolving since 2022, when…
French shipping major CMA CGM is seeking marine biofuel for term delivery in Singapore, the world's largest bunker hub, between…
The river Mosel in western Germany, an important route for grains and rapeseed shipments, has been closed to inland waterways…
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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