Business News
HD Hyundai to Buy Goltens to Expand Aftermarket Maintenance Market
Goltens Worldwide, long recognized as a leader in planning and performance maintenance and repair work, has agreed to be acquired...
Read More >>Germany Blocks COSCO’s Acquisition of Domestic Freight Company
Germany’s federal government made official the decision to block the acquisition of a domestic freight forwarder and logistics com...
Read More >>FMC Threatens COSCO with Large Civil Penalty for Delayed Payment
The Federal Maritime Commission filed a Show Cause order at the end of last week against the Chinese-flagged carrier COSCO, which...
Read More >>Op-Ed: Europe's Shipping Future Depends on Stronger Ship Management
The role of the ship manager is expanding at a time when owners are applying increased pressure on management fees. That tension s...
Read More >>Poten: Sky-High Tanker Rates are Driving Refiners' Oil Buying Decisions
A review of Poten's Daily Market Report, which monitors spot freight rates on many of the key tanker trade routes, shows eyewateri...
Read More >>Op-Ed: People Are the Powerbase of the Shipping Business
Decarbonisation, digitalisation, shifting patterns of global trade and an increasing level of influence from Asia are continuing t...
Read More >>Pakistan Explores Buying or Chartering Boxship Due to Shipping Challenges
The government of Pakistan has agreed to work with the country’s manufacturers and shippers to explore obtaining a dedicated conta...
Read More >>Go Ahead Given for Canada LNG to Double Capacity
Canada LNG, the country’s first LNG export operation, reports that, along with its investment partners, the decision has been made...
Read More >>Carnival Outperforms in Q3 While Providing a Strong Outlook for Cruising
Demonstrating the strength in the cruise industry and its ability to navigate global challenges, Carnival Corporation reported qua...
Read More >>Report: Israel Ends Zim Deal Review Telling Hapag-Lloyd to Restart Process
After growing speculation that opposition was mounting in Israel to Hapag-Lloyd’s proposed acquisition of Zim along with the inves...
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