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  • Youngest Ever Containership Sent to Scrapyard

    A landmark deal was undertaken today in the containership industry as the youngest ever containership was sent for demolition by Singapore’s Rickmers Marine Trust, according to VesselsValue.The vessel in question is the seven-year-old Pana

  • CMA CGM settles loan to acquire NOL but posts Q3 loss of US

    FRENCH shipping giant CMA CGM has posted a third-quarter loss of $268 million, reversing a profit of $51 million a year earlier due mainly to lower volume and rates, IHS Media reported. Excluding expenses related to the companys September

  • Evergreen Line Enhances Asia-Australia Network

    In order to offer shippers a more comprehensive service on Asia-Australia trade, Evergreen Line is teaming up with OOCL, MOL, K Line and YML to offer a new joint North East Asia - Australia Express (NEAX). This weekly service will utilise

  • THREE NEW PRODUCT TANKERS FOR d’AMICO INTERNATIONAL SHIPPIN

    d’Amico International Shipping S.A. (Italian Stock Echange: DIS), leading international company in maritime transport specialised in the product tanker market, launched three new eco-ships at the Vietnamese shipyard Hyundai Vinashin Shipy