Hede International Shipping Set to Link Shanghai & LA
Hede (Hong Kong) International Shipping is gearing up to enter the Transpacific shipping lane with a new service that will link Shanghai to LA.
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SAAM Achieves Highest-ever Net Income in 2023
SAAM, a leading provider in the towage sector, recorded an unprecedented net income of US$501 million in 2023.
Maersk Considers Potential Acquisition of DB Schenker
The Danish financial newspaper Børsen reports that Maersk, the world's number two shipping company, is considering the purchase of DB Schenker.
New West Asian Regional HQ Opened by ONE in Dubai
Ocean Network Express (ONE), the world's sixth-largest container shipping company, has inaugurated its West Asia regional headquarters in Dubai.
$27.4m Sale of D'amico's Oldest Tanker
The Italian shipping company d'Amico International Shipping has finalized the sale of its MR product tanker, the Glenda Melanie for $27.4 million
2010 Cape Sold by NGM Energy for $32.5m
In its latest transaction, NGM Energy has offloaded a capesize vessel constructed in 2010 – which it acquired four years ago for $18 million
Offshore Contractor DOF Lands Contract with Shell
The Oslo-listed offshore service provider DOF has secured a contract with Norske Shell for subsea services in the Atlantic region.
Joint Service at Rio de Janeiro Suspended by CMA CGM, Maersk
Maersk and CMA CGM have informed their clients of changes to their combined Bossa Nova/SIRIUS service that links the Med to South America.
Latsco Shipping Books Four LR2 Tankers in S. Korea
Latsco Shipping, based in Greece, has placed an order for four LR2 tankers with Hyundai Mipo Dockyard in South Korea.
Sanko Steamship Says Goodbye to Last Vessel
Sanko Steamship has sold its final vessel, the three-year-old, 82,000 deadweight tonnage, Tsuneishi-built Sanko Hawking.
Blystad Group's PSV Employed by Shell for One Year
The Blystad Group's Songa Commander, a platform supply vessel, has found a new role working for Shell in the UK North Sea.
War-Time Grain Exports Record Set by Ukraine
Over 1,000 merchant vessels have navigated through Ukraine's grain corridor in the Black Sea, established seven and a half months ago.
Two Oldest Vessels Sold Off by Swire Bulk
According to brokerage reports, Swire Bulk from Singapore has recently sold its two oldest vessels, namely the Lintan and the Liangchow.
PSV Deal for Vår Energi and Rem offshore
Rem Offshore, a Norwegian company specializing in offshore vessels, secures contract from Vår Energi for the use of its PSVl, the Rem Arctic
Leadership Changes at China's SITC International Holdings
Yang Shaopeng resigns as chairman of SITC International Holdings, initiating a leadership restructure at China’s second-biggest shipping company