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HSH Nordbank Looking to Sell All Shares in FSL Trust

HSH Nordbank Looking to Sell All Shares in FSL Trust

Godan GmbH, the controlling unitholder of First Ship Lease Trust (FSL Trust), is in discussions with investors for a potential sale of all of its shares in FSL Holdings, ...

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Brokers: Pacific Basin Buys Clipper’s Handy Pair

Brokers: Pacific Basin Buys Clipper’s Handy Pair

Hong Kong-based owner and operator of Handysize and Supramax dry bulkers Pacific Basin Shipping Ltd has been linked to the purchase of two Handy bulkers from Clipper Group. T...

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Hutchison Ports Buys 50 Pct of TMA Logistics

Hutchison Ports Buys 50 Pct of TMA Logistics

Hutchison Ports has acquired a 50% shareholding in the Netherlands-based services company TMA Logistics B.V. (TMA). “The acquisition of a 50% stake in TMA Logistics compleme...

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Quijano: 40 Pct of LNG Vessels Cancel Their Reserved Transit

Quijano: 40 Pct of LNG Vessels Cancel Their Reserved Transit

  Ships transporting LNG don’t need more reservations at the Panama Canal, according to Jorge L. Quijano, Administrator of the Panama Canal Authority, cited by Bloomb...

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Drewry: Asia to WCNA Sees Rise in Demand, Rates Still Weak

Drewry: Asia to WCNA Sees Rise in Demand, Rates Still Weak

The eastbound Asia to West Coast North America market continues its six-year run of strong demand growth, but weak spot rates will damage carriers’ income, shipping consultan...

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THE Alliance to Sail into 2018 with Strengthened Offer

THE Alliance to Sail into 2018 with Strengthened Offer

Following the first year of cooperation, the members of THE Alliance are increasing their offer as they plan to deploy a fleet of 250 vessels covering 33 services effective fr...

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