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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...
Read MoreOdfjell 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...
Read MoreGebruder 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...
Read MoreInternational 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...
Read MoreZIM 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...
Read MoreKlaveness 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...
Read MoreGasLog 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...
Read MoreTata 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...
Read MoreAirbus 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 ...
Read MoreEuroseas 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...
Read MoreDelta 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...
Read MoreJas 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...
Read MoreSEACOR 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...
Read MoreOldendorff 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 ...
Read MoreHapag-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...
Read MoreMPC 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...
Read MoreMPC 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...
Read MoreDiana 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...
Read MoreKfW IPEX-Bank supports Hapag-Lloyd’s LNG-powered ULCV project with green loan
KfW IPEX-Bank is supporting its long-standing customer Hapag-Lloyd with its second Green Loan within six months – to finance the construction...
Read MorePayCargo launches Freight-Pay for FIATA members
FIATA International Federation of Freight Forwarders Associations, in collaboration with PayCargo, a leading financial technology company, has laun...
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