APM Terminals has moved from development partner to shareholder at the Hateco Hai Phong International Container Terminal (HHIT), taking a 49% stake and stepping in as operating partner alongside ...

The US government is preparing a nearly $1bn settlement to reimburse TotalEnergies for the cancellation of two federal offshore wind leases. Reportedly, the proposed deal would see the Interior ...

German liner giant Hapag-Lloyd has signed a series of agreements with the Indian government, setting out plans to deepen its presence in one of the fastest-growing shipping markets. The Hamburg-based ...

US-listed dry bulk owner Genco Shipping & Trading has rejected a revised takeover proposal from Greece’s Diana Shipping, saying the offer undervalues the company and carries significant execution ...

The Vietnamese government has approved a joint bid involving APM Terminals for a new container terminal just to the north of Danang, the country’s third-largest city. Maersk subsidiary APM Terminals ...

An indirect subsidiary of Singapore offshore vessel player and shipyard Marco Polo Marine has been awarded a significant long-term charter contract by Taiwan’s Marine Port Bureau. The contract, ...

London-listed shipbroker Clarksons has acquired US-based commodities brokerage and data provider Link Group in an $80m cash deal, bolstering its footprint in the Americas and deepening its presence in ...

Chinese bulker owner Nanjing Ocean Shipping Co (NASCO) has signed a contract for two ultramax bulk carriers at China Merchants Jinling Shipyard (Nanjing) as it continues to expand its fleet. The ...

Japan’s Sumitomo Corporation, Kawasaki Kisen Kaisha (K Line), and NYK Bulkship have teamed on a new ammonia bunkering vessel for Singapore. Under a memorandum of understanding, the partners will ...

Lloyd’s Register Foundation has awarded £378,000 to MEFISTO – a new project led by DBI (the Danish Institute of Fire and Security Technology) – to develop tested safety tools for methanol-fuelled ...

The Sailors’ Society has released its fourth annual Cadet Report, titled The first digital seafarer generation, painting a complex portrait of a workforce that is more connected but also more ...

New York-listed shuttle tanker owner KNOT Offshore Partners said it has ended talks with its parent company, Knutsen NYK Offshore Tankers (KNOT) over a potential take-private deal, bringing months of ...