Container Terminal Burchardkai (CTB) at the Port of Hamburg, Germany, is introducing a new production and shift pattern model to prepare for the arrival of the first 20,000 TEU vessels scheduled for spring 2017. To be implemented from Janu

South Korean shipping giant Hyundai Merchant Marine (HMM) has been selected as the preferred bidder for a terminal in Algeciras, Spain, owned by its bankrupt compatriot Hanjin Shipping. The company earlier said that it would purchase of a

Due to a further increase in risk provisioning for ship finance, the German shipping bank Norddeutsche Landesbank (Nord/LB) concluded the first nine months of financial year 2016 with a consolidated loss before taxes of EUR 624 million (USD

An unknown number of pirates armed with automatic weapons in a speed boat approached and fired at a tanker while it was some 61 nautical miles off the coast of Bayelsa Coast, Nigeria, according to data provided by IMB Piracy Reporting Cent