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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.
Luxembourg: Oslo listed seabed-to-surface engineering company Subsea 7 has been awarded a $350m, five year contract for a pipe laying vessel.
Oslo: Brazilian State oil company Petrobras has awarded three PSV contracts to Norwegian offshore service providers.
Rio de Janeiro: Brazilian President Dilma Rousseff has announced plans to set up “Hidrobras” - a new entity overseeing Brazil’s inland waterway ports, terminals, waterways and locks.
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