Seaspan closes $838M loan for 8 new containerships

Seaspan Corporation, a wholly owned subsidiary of Atlas Corp, is proud to announce fulsome details on one of its financing arrangements previously ...

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Swissport International AG gains full ownership of Korean JV

Swissport International AG has increased the shareholding in its Swissport Korea joint venture to 100 percent from formerly 59 percent, underlining...

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Emirates expands cargo capacity with $1 billion investment

Emirates SkyCargo, a leader in the global airfreight industry, announced that it will induct two new Boeing 777Fs into its fleet in 2022 and also c...

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Odfjell sold the last three 9,000-dwt short-sea vessels

The sale marks an exit from Odfjell's short-sea regional trade in Asia as the remaining vessel on a time charter to Odfjell will also be re-del...

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Gebruder Weiss takes over 3s Transport & Logistics in Istanbul

The international transport and logistics service provider Gebrüder Weiss is taking over Istanbul-based 3S Transport & Logistics with effe...

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International Seaways announces refinancing of six vessels

International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum pro...

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ZIM announces acquisitions of seven secondhand vessels during October 2021

ZIM Integrated Shipping Services Ltd., announced that during the month of October 2021, it purchased seven secondhand vessels (built between 2007-2...

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Klaveness Combination Carriers sells a 21-years old CABU vessel

A subsidiary of Klaveness Combination Carriers ASA has concluded a sale of the 2001-built CABU vessel, MV Banasol, as a dry bulk vessel. Second-ha...

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GasLog announces sale and leaseback of GasLog Salem

GasLog Ltd. announced the completion of the sale of GasLog Salem to a wholly owned subsidiary of China Development Bank Leasing for $128 million, r...

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Tata Group to acquire 100% stake in Air India

Tata group has emerged as the successful bidder of the divestment process of the national carrier Air India. The Tata group’s holding company...

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Airbus joins DAX stock exchange index in Germany

Airbus SE has become a member of the new DAX40 index in Germany. On 3 September 2021, Deutsche Börse completed the expansion of the DAX from ...

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Euroseas acquires a 1,740-teu 2006-built containership for $25.5 million

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced tha...

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Delta celebrates 75 years of leading the cargo industry

Seventy-five years ago, Delta made its official but humble entry into the cargo business: 200 pounds of freshly picked mushrooms loaded aboard a DC...

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Jas Worldwide to acquire Greencarrier Freight Services

JAS Worldwide, the global freight forwarding services provider headquartered in Atlanta, Georgia, is pleased to announce that it has signed a Share...

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SEACOR Holdings announces acquisition of U.S. Shipping Corp

SEACOR Holdings Inc. announced the completion of its acquisition of U.S. Shipping Corp, a privately owned, leading provider of long-haul marine tra...

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Oldendorff Carriers invests in navigation technology

Oldendorff Carriers, a leading dry bulk owner and operator who is celebrating its centennial birthday this year, have decided to invest and become ...

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Hapag-Lloyd reveals strong performance in half-year results

Hapag-Lloyd published its figures for the first half year of 2021 today. It concluded with an EBITDA of USD 4.2 billion (EUR 3.5 billion). The EBIT...

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MPC Container Ships closes Songa acquisition

MPC Container Ships ASA announces that it has completed its acquisition of Songa Container AS pursuant to the share purchase agreement to acquire 1...

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MPC Container Ships secures $70 million revolving credit facility

MPC Container Ships ASA is pleased to announce that it has entered into a USD 70 million three-year revolving credit facility agreement with CIT Gr...

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Diana Shipping signed a supplemental agreement with Nordea Bank

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that on July 29, 2021, it signed, thro...

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