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Mitsubishi Shipbuilding Christens Mitsui’s New LNG Carrier
Japan’s Mitsubishi Shipbuilding held a christening ceremony for a next-generation LNG carrier under construction for Mitsui & Co., Ltd. on…
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PSA Makes First Foray into the US with Penn Terminals
Singapore-based port operator PSA International has completed the acquisition of Penn Terminals from Macquarie Infrastructure Partners, following formal approval by…
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Navios Holdings Sells Its Ship Management, Inks Five-Year Services Deal
Greek shipping firm Navios Maritime Holdings has sold its ship management division and certain general partnership interests to N Shipmanagement…
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ESL Shipping Becomes Owner of Bulker Alppila
Finland-based dry bulk shipping company ESL Shipping, part of Aspo Group, has acquired bulk carrier Alppila from SEB Leasing. zoomIllustration.…
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DFDS to Dispose of Liverpool Seaways
Danish ferry and logistics company DFDS has entered into an agreement to sell a 1997-built combined freight and passenger ferry…
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MOL, Karpowership Unveil 1st LNG-to-Powership Project in Africa
Japanese shipping company Mitsui O.S.K. Lines (MOL) and Turkey’s floating power plant company Karpower International (Karpowership) have agreed to jointly…
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Air freight downturn continues
July demand down 4.2%, year on year, although special products grew 3.5%, continuing to outperform general cargo, which saw tonnages…
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Shippers prepare for sharp ocean freight fuel price rises
Many cargo owners still uncertain about the impact of IMO 2020 on their freight costs, although better information is now…
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Kerry Logistics reports strong profit growth from freight forwarding
Hong Kong-based firm to focus on expanding its asset-light IFF business organically and through M&A, after benefiting from increased intra-Asia…
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Tigers creates renewable energy vertical
Logistics specialist responds to increased demand for solar panels in South Africa, expecting further growth in the market. Logistics and…
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