Muara moves towards hub status as China eyes more ASEAN trade
Brunei’s main container port, Muara, continues to grow as a hub in the Brunei-Indonesia-Malaysia-Philippines-East ASEAN growth area.The Southeast Asian sultan...
Shipping News
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CMA CGM plans exchangeable bond backed by Air France-KLM stake
According to Reuters, French shipping group CMA CGM is planning to raise around €325 million ($378.3 million) through the issuance of a three-year exchange...
CNC’s CP2 and JP8 service upgrades strengthen Asia trade links
CNC has rolled out key upgrades to the CP2 and JP8 services, strengthening connections between the Philippines, China, and Japan. The changes improve schedule r...
PIL completes first intermodal shipment in Costa Rica
Pacific International Lines has completed its first intermodal shipment in Costa Rica, marking a new milestone for its Central America operations.The 40-foot co...
Navios Partners rolls out new leadership structure
Navios Maritime Partners has announced a series of senior leadership changes as the New York-listed diversified owner reshapes its top management structure unde...
Benelux Overseas steps into ammonia with $240m VLAC order
Benelux Overseas is set to widen its footprint in gas shipping after brokers linked the Athens-based owner to a $240m order for two very large ammonia carriers ...
World’s largest battery-electric ship powers up
The largest battery-electric ship ever constructed was powered up yesterday and successfully completed its first e-motor trial in Hobart, Tasmania.The powering ...
Havila Shipping to appeal court ruling in bank dispute
After losing a case in the Oslo District Court, three different banks are demanding prepayment of their outstanding amounts under the restructuring agreement wi...
Anglo-Eastern trains seafarers for ammonia-fuelled vessels
Anglo-Eastern has completed its first pilot training course on ammonia as a marine fuel. The programme marks a key step as the company prepares to take over its...
SSY buys Grieg Shipbrokers
UK shipbroking group SSY has struck a deal to acquire Grieg Shipbrokers, adding one of Scandinavia’s longest-standing brokerage houses to its expanding global...
Black Sea shipping carnage deepens as Turkish vessels hit in Russian retaliation
The risks facing commercial shipping in the Black Sea escalated sharply over the weekend after two Turkish-controlled vessels were struck amid a wave of Russian...
Infamous ‘death ship’ scrapped
Nippon Yusen Kaisha’s Sage Sagittarius, a 25-year-old post-panamax bulk carrier that made plenty of headlines a decade ago, has been sold for scrap in Banglad...