First Ship Lease Trust (FSL Trust) has launched a probe into the negotiations that led to the relaxation of certain loan covenants that was announced in July this year.

The Port of Hamburg trounced regional volume growth averages during the first nine months of 2013 with a year-on-year growth of 6%.

APM Terminals broke its single quarter box handling record with 9.3m teu in Q3, along with a record $196m operating profit, and a full Q3 profit of $203m.

Odfjell has reported its first profitable quarter this year, with a Q3 result of $9m, compared to a $39m loss in the same period last year.

Hanjin Shipping was hit by a larger deficit in the third quarter ended 30 September 2013 due mainly to a bigger loss on foreign currency exchange.

STX Pan Ocean sank deeper into the red with a massive $399.07m net loss in the third quarter as its revenue was slashed.

The Maritime and Port Authority of Singapore (MPA), Antwerp Port Authority and Port of Zeebrugge have jointly signed a memorandum of understanding (MOU) to cooperate in the areas related to LNG bunkering.

South Korea's Incheon port is making preparations to accommodate containerships of up to 10,000 teu next year following the completion of a first phase port expansion plan, according to Incheon Port Authority (IPA).

Chinese yard Yangzijiang Shipbuilding has secured $533m worth of shipbuilding orders from new bookings for nine bulk carriers and options for six bulkers converted into effective orders.

Maritime Unions in the Philippines are pooling resources to assist the survivors of Typhoon Haiyan, moving and distributing aid, according to a report by the International Transport Worker’s Federation (ITF).