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  • DP World to Handle The Alliance’s UK Calls

    Members of The Alliance have revealed plans according to which ten of their services will call at DP World’s container terminals at London Gateway and Southampton.The Alliance, which comprises Hapag-Lloyd, K Line, Mitsui O.S.K. Lines (MOL)

  • GSL Upbeat on Small, Mid-Sized Boxships

    Despite the depressed overall market, UK’s containership lessor Global Ship Lease (GSL) remains encouraged by the longer-term prospects for small and mid-sized vessels that are the focus of the company’s strategy.

  • OSG Nosedives into Red

    NYSE-listed tanker owner and operator Overseas Shipholding Group (OSG) suffered a full-year net loss of USD 293.6 million in 2016, compared with a net income of USD 284 million seen in 2015. Following the spin-off of the company’s business

  • Panama-Flagged Bulker Arrested in Singapore

    The 1995-built Hong Harvest has been arrested in Singapore waters, according to data provided by the Supreme Court of Singapore.Featuring 42,529 dwt, the bulker, operated by China’s shipping firm Hongyuan Marine, was detained in the countr