Bank Repossesses Two Great Ocean Ships
Banque Indosuez of France has reportedly repossessed two of Shenzhen Great Ocean Shipping Co. Ltd.'s ships for failure to repay interest and principle on a $24 million loan.
Related News
13 Dec 2024
Trump Signals Support for ILA Dockworkers
U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S.
13 Dec 2024
Maersk says Global Trade could rise 7% in 2025
Maersk expects global trade growth rising as much as 7% next year, bolstered by strong demand from the United States where…
13 Dec 2024
Taiwan: China's threat towards island is "evolving"
Taiwan's defense ministry said on Friday that China's threat to Taiwan and the region has been evolving since 2022, when…
10 Dec 2024
Lock Accident Closes Germany's Mosel River
The river Mosel in western Germany, an important route for grains and rapeseed shipments, has been closed to inland waterways…
Sponsored Content
Innovative Hull Maintenance: Profitable & Green
Hapag-Lloyd reduces emissions & costs through Shipshave’s ITCH solution, confirmed by DNV
Lower carbon intensity fuels to support your operations
Get lower carbon intensity solutions customized for your business needs
RSVP for MSC's Philippines virtual job fair
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.
