Yang Ming Marine Transport Corp has turned conservative about the market’s outlook as it faces pressure from clients to renegotiate freight rates.
The world’s...
China Development Bank Financial Leasing (CDB Leasing) has announced a sale and leaseback deal with George Procopiou for three LNG carriers (200,000 cu m)...
German container shipper Hapag-Lloyd is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to extend its...
Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as it reported another jump in quarterly...
Frontline reported unaudited results for the three and six months ended June 30, 2022:
Highlights
• Net income of $47.1 million, or $0.23 per basic and...
STEALTHGAS, a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and operating results for...
International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced that in connection with...
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...
