Israeli container carrier Zim posted solid results for the second quarter this year, turning a small profit on $1.8 billion in income, but its share p...
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Oil supertankers in Gulf are renting for $500,000 per day: Report Supertanker owners are getting paid $510,000 per day to bring crude oil from the Gulf to Asia, in a sign of high demand for vessels…
Traffic through Hormuz Strait shows no rise, data suggests Shipping traffic at the Strait of Hormuz did not rise, with a total of nine vessels transiting the strategic waterway on Wednesday -…
DP World has reached a significant milestone in its US$ 800 million investment programme at the Port of Tartous, completing the delivery of all three Mobile Harbour Cranes that are expected to…
Hapag-Lloyd is set to increase its presence in Europe’s largest gateway – a key pillar of the Gemini Cooperation’s hub-and-spoke network. The German carrier is to acquire a 25% stake of APM…
Hapag-Lloyd has signed an agreement with APM Terminals to acquire a 25% stake in APM Terminals Maasvlakte II in Rotterdam. The investment will give Hapag-Lloyd long-term access to automated terminal…
CK Hutchison Holdings Ltd. commenced international arbitration proceedings against Panama, seeking more than $1.5 billion in damages over the loss of its investments in two ports on the country’s…
The Morning Manifest
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