Container lines raked in massive profits in the third quarter as supply chain disruption and port congestion continued unabated.

Texas-based Noble Corporation and Maersk Drilling have announced they will combine their offshore drilling operations.

Brazil is seeking $4.2bn of private investment into the transportation sector and is specifically promoting opportunities in the port sector.

China Development Bank Financial Leasing (CDB Leasing) is to acquire 16 bulk carriers at a total cost of CNY688m ($107m).

Two of the world’s leading shipowners John Fredriksen and Idan Ofer are investing NOK200m ($23.5m) in Edda Wind as cornerstone investors in its initial public offering (IPO).

Tone Lunde Bakker took the helm at Norway’s newly restructured export credit agency, Eksfin, in August and has wasted no time in establishing new focus areas and adjusting the agency’s business models to reflect changing priorities across...

Despite the departure of two leading European lenders to shipping, European bank portfolios account for near a 60% share of global ship finance last year, reports Petrofin Research’s latest survey of key developments in global ship finance.

China Dongfang Shipbuilding’s assets are going to be auctioned online this month.

The frequency of International Group of P&I Clubs’ (IG) pooled claims, which lie between $10m and $100m and are shared by its 13 member Clubs, is not rising, but the scale of individual claims reached a new high last year and is continuing to...

CMA CGM is acquiring Fenix Marine Services (FMS) one of the largest container terminals in the Port of Los Angeles.