BAL adds $290m boxship newbuilds in deal with principal Xin Xu’s private Lecang Fantasy
Novation deal with Jiangnan Shipyard adds to Hong Kong-listed group’s orderbook
MSC takes secondhand fleet purchase tally to nearly 400 ships
Purchase of boxship brace from German owners continues liner giants’ four-year spending spree
Liner Reliability Falls Back with Only Half of All Vessels on Schedule
Schedule reliability for the container liners continues to be under pressure across all routes as volumes have risen and containerships…
Shortsea Operator Longship Drives Fleet Expansion with Newbuild Orders
Netherlands-based shortsea operator and logistics company Longship is advancing plans to build Europe’s most eco-friendly fleet. The company ordered a…
Port of Gothenburg Completes Largest Expansion in 40 Years
Sweden’s Port of Gothenburg inaugurated a new 144,000-square-meter port terminal. This becomes the port’s largest expansion in 40 years, delivering…
MEDLOG Acquires UK’s Maritime Group Expanding MSC’s Logistics Portfolio
MSC Mediterranean Shipping Company is continuing its acquisition spree this time turning to further enhancing its overland transportation network through…
Kazakhstan oil exports to Germany seen flat in Sept/Aug
Кazakhstan plans to transport 147,000 metric tons of crude oil to Germany this month versus 148,000 tons in August, Kazakh…
Manufacturing and construction slowdown puts the focus on US services
The ISM manufacturing index is still indicating a contracting sector with the key new orders and production components remaining in…
Conflict, creditors and a car crash: How Ukraine clinched a wartime debt restructuring
Just a few months after Russia invaded Ukraine, the country’s financial adviser, Rothschild & Co, handed Kyiv’s debt chief a…