German carrier Hapag-Lloyd AG has launched a fresh round of debt offering worth EUR 200 million (USD 213.7 million), upsized from the originally announced EUR 150 million.The placing of the additional notes was attributed by the boxship own

In January 2017, the Panama Canal set a new monthly tonnage record of 36.1 million Panama Canal tons (PC/UMS), with the transit of 1,260 ships through both the expanded and original locks, the canal authority announced.

NYSE-listed dry bulk owner and operator Scorpio Bulkers has managed to cut its net loss to USD 20.6 million in the fourth quarter of 2016 ended December 31, compared with a net loss of USD 302 million seen in the same period a year earlier.

Jacksonville Port Authority has renewed an agreement with the Panama Canal Authority pledging to continue working to market the advantages of shipping cargo between Asia and JAXPORT through the Panama Canal.