Hapag-Lloyd, UASC Agree on Merger Terms
German shipping major Hapag-Lloyd and United Arab Shipping Company (UASC) have reached an agreement on the terms and conditions of a Business Combination Agreement (BCA)… Read More
DSME’s Former CEO Taken into Custody
Daewoo Shipbuilding & Marine Engineering’s (DSME) former Chief Executive Officer Nam Sang-tae was taken into custody as part of an accounting probe… Read More
Flinterstar’s Bow Lifted from Sea
The bow of the sunken freighter Flinterstar that sank in October 2015 off the coast of Zeebrugge was successfully lifted from the sea after ten weeks of preparation… Read More
Nordic Hamburg, Containerships to Build Eight Ships in China
German-based Nordic Hamburg and the Finnish shipping firm Containerships have ordered up to eight short sea 1,400 TEU dual-fuel containerships … Read More
Drewry: HMM Joining 2M Suggests Hidden Agenda
Financially troubled Hyundai Merchant Marine (HMM) is in talks with 2M carriers Maersk Line and MSC to join their alliance. However, these three carriers are not obvious partners, which hints at a hidden story… Read More
World Maritime News Staff