Top container ship lessor Seaspan just added significant new financial muscle, with new shareholder, Canadian investment company Fairfax Financial Holdings, pumping in an additional $1bn into the company.
Crowley Maritime Corp’s liner services group announced  that it has launched a new feeder shipping service connecting San Juan, Puerto Rico; Rio Haina, Dominican Republic; and St. Croix and St. Thomas…
DP World has announced the successful closing of the acquisition of Cosmos Agencia Marítima (CAM) in Peru which also bring 50% stake in Terminales Portuários Euroandinos in the Port of…
Maersk Line has been working with classification society ABS to increase safety in relation to the stowage of dangerous cargoes following the fatal fire of the Maersk Honam.
Bunkering in Houston has been hit by a serious contamination issue across the supply chain which is causing the sticking of fuel plungers, and fuel pump seizures failures on vessels,…
BW LPG is seeking a major consolidation of the sector through a $1.1bn all-stock merger with Dorian LPG.
A truck drivers’ protest over diesel prices that lasted nearly a week has paralysed most of Brazil’s largest ports.
Consolidation is happening in the heavy lift sector as well with Intermarine announcing a joint venture with Zeaborn to be called Zeamarine.
AET Tankers, the petroleum transportation unit of Malaysia’s MISC, is building on its relationship with Brazilian national oil company Petrobras, winning another, bigger shuttle tanker contract.
Maersk Line and CMA CGM have joined Mediterranean Shipping Co (MSC) in announcing an emergency bunker surcharge to combat the impact of soaring bunker prices.
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