WEC Lines strengthens product offers with latest container investments

WEC Lines is seeking to strengthen their competitive position within the European & Northeast African transportation market by adding 200 brand...

Read More

OceanPal announces agreement to acquire an MR2 tanker vessel

OceanPal Inc., a global shipping company specializing in the ownership of vessels, announced that it has signed, through a separate wholly-owned su...

Read More

DP World completes major $400m expansion at Callao Port

DP World has completed a major $400 million expansion project at the Port of Callao in Peru, boosting container handling capacity at the South Term...

Read More

GAC to acquire Quadrant Pacific’s ship agency business

GAC Group, a leading provider of shipping, logistics and marine services in the Asia-Pacific market, has entered into an agreement with Quadrant Pa...

Read More

ESL Shipping Ltd. sold two supramax vessels

ESL Shipping has successfully completed the sale of supramax vessels Arkadia and Kumpula on 11 June 2024. The vessels were sold to companies belong...

Read More

ICTSI to invest in new Southern Luzon gateway

International Container Terminal Services Inc. (ICTSI) is building a new international container terminal in Bauan, Batangas, Philippines. The new ...

Read More

Unifeeder opens new office in Panama City

Unifeeder Group has continued its expansion in Latin America (LATAM) with the opening of its first office in the region, located in Panama City. Th...

Read More

IMO to open regional office in Fiji to serve the Pacific

IMO will open its seventh Regional Presence Office, in Suva, Fiji, to serve countries and territories in the Pacific Islands region. IMO Secreta...

Read More

Stena Bulk completes sale of Stena Blue Sky

Leading tanker shipping company Stena Bulk has announced the successful sale of Stena Blue Sky to an undisclosed Asian buyer. The sale of Stena...

Read More

DAE signs new US$420 million 5-year unsecured term loan

Dubai Aerospace Enterprise (DAE) Ltd, the global aviation services company, announced that it has signed a US$420 million 5-year unsecured term loa...

Read More

ESL Shipping to sell its Supramax vessels

ESL Shipping has signed a memorandum of understanding to sell its two Supramax class vessels Arkadia and Kumpula to companies belonging to HGF Deni...

Read More

KEZAD Assets Management Company set to manage Group assets

KEZAD Group, a subsidiary of AD Ports Group under the Economic Cities & Free Zones, and the largest operator of integrated and purpose-built ec...

Read More

MPCC secures USD 100m in new undrawn revolving credit facility

MPC Container Ships ASA (MPCC) has entered into a new USD 100 million four-year revolving credit facility agreement with Hamburg Commercial Bank (H...

Read More

Inchcape Shipping Services successfully invests in a major share of Leth Suez Transit Ltd AS

Global shipping leader Inchcape Shipping Services is proud to announce the successful investment in a major share of Leth Suez Transit Ltd AS (LETH...

Read More

Wan Hai Lines launches agency office in Maldives

Aiming to improve the efficiency and quality of customer service, Wan Hai Lines established an agency office in Maldives in view of the huge domest...

Read More

AD Ports Group acquires 10 offshore vessels for around US$200 million

AD Ports Group, a global leader in trade, logistics and industry, announced the purchase of 10 offshore vessels, that will bolster offshore operati...

Read More

ICTSI inks USD750 million loan facility with Metrobank to boost operations

International Container Terminal Services, Inc. (ICTSI), the world's largest, independent terminal operator across six continents, has secured ...

Read More

Globus Maritime signs agreements to sell 2 vessels

Globus Maritime Limited announced today that it has entered into, amended and restated a term loan facility with First Citizens Bank & Trust C...

Read More

Air Lease Corporation announces $300 million deal for five Boeing 737 aircraft with Royal Air Maroc

Air Lease Corporation announced long-term lease contracts for five Boeing 737 aircraft with Royal Air Maroc (RAM), including four new Boeing 737-8s...

Read More

Oman Air achieves 42% growth in cargo volumes

Oman Air Cargo has released its results for the first half of 2023, recording a remarkable 42% increase in cargo volumes compared to the same perio...

Read More