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New York: Maersk’s Group's ceo Nils Andersen (pictured), visiting New York this week, was honored by ringing the opening bell at the NASDAQ marketplace, adjacent to the iconic Times Square.
Shanghai: Brazil mining giant Vale's 400,000 dwt Vale Malaysia docked at Lianyungang port in China this week.
Singapore: An Ezion joint venture has won a $148.6m contract to provide a service rig over a seven-year period to support a national oil major in Central America.
Shanghai: ZIM is set to upgrade its Asia-South America East Coast (ASE) service in mid-May, jointly with Cosco and Evergreen, deploying 8,500teu vessels.
Private equity has made a visible mark on the shipping scene; in the latest iteration, a big fund group is getting behind an acquisition company that was unable to pull…
Houston: Seadrill has signed a contract with LLOG Bluewater Holdings for ultra-deepwater newbuilding drillship West Neptune.
The administrator of the Panama Canal Jorge L. Quijano has defended its pricing structure as “fair”, and said the decision by Maersk Line to switch its Asia – US East…
Kaohsiung: Container carriers Coscon Container Lines, Evergreen Lines, Pacific International Lines (PIL) and Wan Hai Lines are jointly cooperating in the Asia-West Coast South America service.
Shanghai: Taiwanese carrier Evergreen Line is joining forces with China's Cosco and Israel's Zim to upgrade their fleet operating in the Far East – South America Service (ESA).
Seoul: A joint venture between SK Shipping and Marubeni Corporation will buy two LNG carriers to transport shale gas to South Korea from 2017.
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