HMM has secured a US$584 million facility from Standard Chartered to finance the acquisition of eight 16,000 TEU (20-foot equivalent unit) containerships.
The loan...
Antwerp is the latest North European box port to suffer from the knock-on effect of terminal and quay congestion, with vessel berthing waiting times...
Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). After signing a sales and purchase agreement in...
Orient Overseas International Line (OOIL) saw its revenues and volumes increase by 119% and 15.4% respectively in Q2 2021.
In latest financial results, the company...
Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.
Highlights
• First quarter Adjusted EBITDA...
Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026).
Revenue for 4Q FY2025 was US$4,042 million, bringing the total...
Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier.
Ordinary...
The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...
A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...
