Chemical tanker operator MOL Chemical Tankers, a subsidiary of Japanese shipping major Mitsui OSK Lines (MOL), the acquisition of all Fairfield Chemical Carriers (FCC).
Concerns over the availability of equipment in Asia and the limitations on the backhaul trades on the three major east -west routes have not materialised as expected with rates softening on both the headhaul and return legs.
US-based New Fortress Energy (NFE) has kicked off operations at its LNG import terminal in Santa Catarina, Brazil, following the arrival of a FSRU.
CMA CGM's schedule reliability was the highest among the large container lines in January 2024 as it bucked the trend and continued Red Sea sailings.
An investor challenging CMB’s takeover bid for Euronav in New York has also filed a request with regulators in Belgium to adjust the offer price.
Catch up on the top 10 stories that appeared on Seatrade Maritime News over the last week.
International Container Terminal Services Inc (ICTSI) handled consolidated volume of 12.75 million teu in 2023, 4% more compared to the 12.21 million teu handled in 2022.
Kotug International has concluded its acquisition of Kotug Seabulk Maritime (KSM), taking full ownership of the Caribbean marine towage business.
Container rate negotiations on the Transpacific are about to begin in earnest, but Xeneta believes shippers and carriers both have strong hands and that will make discussions long and complex.
Frontline recorded a profit of $656.4 million in 2023, a year marked by its purchase of much of the Euronav fleet after a tense stand-off.