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  • HMM, Carriers to Boost Far East-South America Coverage

    Image Courtesy: Hyundai Merchant Marine South Korean shipping company Hyundai Merchant Marine (HMM) revealed plans to reshuffle its cooperative agreement with a number of carriers, offering new coverage on the Far East and South America ro

  • Bulk Carrier Detained in Singapore

    Jahan, a 45,700 dwt bulk carrier, was detained in Singapore waters, according to Supreme Court of Singapore’s records.The 26,049 gross ton bulker, owned by Mariners Associates CTG from Bangladesh, was arrested in the morning hours of Decem

  • Report: RBS Soon to Sell USD 600 Mn of Shipping Loans?

    The Royal Bank of Scotland could soon dispose of some USD 600 million worth of shipping loans from its portfolio, Reuters informed citing sources close to the matter.Namely, the loans, primarily derived from the bank’s Greek shipping busin

  • Report: MSC to Buy Hanjin’s Share in Long Beach Terminal

    Swiss-based container shipping major Mediterranean Shipping Company (MSC) has signed an agreement to buy Hanjin Shipping’s stake in a container terminal at California’s Port of Long Beach, according to Yonhap News Agency.