Boskalis Decides to Withdraw 24 Vessels
Dutch dredging and maritime company Boskalis has decided to take 24 vessels out of service in the 2016-2018 period through their scrapping, sale and lay-up… Read More
CSL Bulk Carrier Aground in St. Lawrence River Channel
The 37,690 dwt bulk carrier Whitefish Bay ran aground in the vicinity of Hamilton Islands in the St. Lawrence River Channel near Cornwall, Ontario on July 12 due to a power failure… Read More
Two Freight Forwarding Firms Settle on Price Fixing Charges
Two final freight forwarding companies, which were sued for allegedly being involved in price fixing, have now reached settlements and agreed to establish a USD 53.5 million settlement fund… Read More
Clarksons: Shipping Sees Toughest 1H Since Financial Crisis
Shipping is experiencing some of its toughest conditions since the financial crisis and, despite its many efforts, may well be heading for an appointment with the bankers… Read More
Hanjin Shipping to Sell Vietnamese Terminal Stake
South Korea’s cash-strapped shipping firm Hanjin Shipping decided to sell its stake in the Vietnamese Tan Cang Cai Mep International Terminal (TCIT) as it struggles to raise more money… Read More
World Maritime News Staff