Splash247: Sinokor cashes out of boxes in $3bn pivot to VLCCs
A Korean shipping major’s decision to cash in its container chips and invest them in VLCCs is having major repercussions in the sale and purchase markets.
A Korean shipping major’s decision to cash in its container chips and invest them in VLCCs is having major repercussions in the sale and purchase markets.
Elon Musk’s Starlink might have had a banner couple of years building up a huge maritime following, but a court case in China last month serves as a reminder that the satcom provider faces hurdles in offering global coverage.
Chinese shipowner opts for LNG as a fuel on series of 18,000 teu newbuildings.
Container throughput in Singapore increases at a faster rate than PSA International’s global business
Saint John boosts East Coast gateway status with terminal upgrades
Restocking sentiment improving
December exports offset weaker import volumes
Copenhagen-headquartered ferry and roro operator DFDS has appointed Michael Hansen as its president and chief executive officer. Hansen will succeed current president and CEO Torben Carlsen from latest July 1.
New tariffs have come into effect in Mexico as of January 1, 2026 applying to all countries it does not currently have a Free Trade Agreement (FTA) with, including China, Brazil and India. Passenger cars, auto parts and raw materials are amongst the goods that are subject to these new duties.
Russia has carried out fresh drone strikes on two civilian vessels transporting food products in the Black Sea, injuring a seafarer and setting one ship ablaze, Ukrainian authorities said on Monday.