Zara founder Amancio Ortega's investment vehicle Pontegadea Inversiones has agreed to acquire a 49% stake in PD Ports from Brookfield Asset Management (BAM.TO), opens...
Jinhu i Shipping and Transportation Limited, Wednesday announced its decision to sell two supramax bulkers for $10.8 million and $11 million, respectively.
The move is...
Aegean Shipping Management, owned by Georgios Melissanidis, reinforces its business collaboration with Vitol, the world’s largest independent oil products trader, by signing a long-term...
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, firmed on Wednesday to its highest level in...
Mitsui O.S.K. Lines announced that with the aim of integrating the MOL Group’s ship management functions and enhancing safety operations, MOL has renamed its...
Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir...
Hyundai Hyms Co., a Kosdaq-listed ship block manufacturer, is officially on the auction block as its private equity owner, J& Private Equity (J&PE), begins...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
