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Freight firms navigate new European overland challenges

As countries impose new barriers to the movement of people to stem the spread of Covid-19, logistics companies are facing delays to trucks at many national borders and falling demand for some freight ...

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Hunter Tankers Secures USD 80K Daily Charters for VLCC Trio

Hunter Tankers AS, a wholly-owned subsidiary of Norwegian Hunter Group ASA, has entered into a six-month time charter agreement for three ships obtaining an average daily rate of approximately...

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CMA CGM Gets Green Light to Sell Stakes in 10 Terminals

French shipping and logistics company CMA CGM and port developer and operator China Merchants Port Holdings (CMP) have received an EU approval for the transfer of stakes in ten port terminals ...

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UAE bans MSC boxship for a year over sulphur cap violations

In what could be one of the first penalisations relating the HSFO carriage ban that came into effect earlier this month, the United Arab Emirates has banned an MSC containership and will take legal ac...

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Forwarder reports steady recovery in China-UK volumes

Davies Turner estimates that levels are currently approximately 60% of those prior to the Chinese New Year and the subsequent Coronavirus outbreak. UK-based independent freight forwarder Da...

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Seanergy Secures USD 30.6 Mln in Refinancing

Pure-play Capesize shipowner Seanergy Maritime Holdings has received a commitment from one of its existing lenders to extend the maturity of two loan facilities totaling USD 30.6 million. T...

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