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Americas

Singapore: Maersk Line ceo Soren Skou is confident on achieving box rate increases on the transpacific and the Asia – Europe trade in the coming months.
Tel-Aviv: Zim Integrated Shipping Line has added a second eastbound New York call to its Atlantic service.
Caracas: Venezuelan port operator Bolivariana de Puertos (Bolipuertos) S.A has made an extensive equipment order from Cargotec’s Kalmar, indicative of a large expansion of operations at its Puerto Cabello and…
Jakarta: Jakarta headquartered-Berlian Laju Tanker’s (BLT) secured creditors in Indonesia have rejected a restructuring plan, leaving its financial rescue plans hanging by a thread.
The good results from Stealthgas a leading LPG player, are well known, and investors are starting to catch on. As the equity markets were rising to new heights on March…
New York: Scorpio Tankers is splashing $99.5m on a pair of LR2 product tankers at Hyundai Samho Heavy Industries.
Santiago: Operations have started at Puerto Central in the port of San Antonio, Chile.
New York: Fourth quarter losses at Greek-owned Dryships Inc. reached $129.8m as operating costs rose sharply year on year.
Panama City: Panama Canal expansion programme is 50% complete and the construction of the third set of locks has reached 40% of completion, according to Panama Canal Authority (ACP) Administrator…
New York: Freight rates of dry bulk carriers worldwide will register a “meaningful increase” by 2015 when demand starts to overtake the slowing vessel tonnage growth, according to Bank of…
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