Alphaliner: Hapag-Lloyd Unveils UASC’s USD 4 Bn Debt
Ahead of Hapag-Lloyd’s annual general meeting, the German company has revealed the financials of its merger partner Dubai-based UASC, which include the Arab carrier’s total financial debts of USD 4 billion as at the end of June 2016… Read More
Bosphorus Strait to Close during Bridge Opening
Vessel traffic in the Bosphorus Strait is scheduled to close tomorrow due to the opening of the Yavuz Sultan Selim Bridge, initially named the Third Bosphorus Bridge… Read More
Maersk Line, CCS Ink Cooperation Deal
Danish shipping company Maersk Line has entered into a Memorandum of Understanding (MOU) with China Classification Society (CCS) on technical exchanges… Read More
Mega Boxship Briefly Grounds off Southampton
The 18,000 TEU containership CMA CGM Vasco De Gama was refloated after it briefly grounded while it was approaching UK’s Southampton port… Read More
Norsepower Gets Funds for World’s Largest Rotor Sail
Helsinki-based provider of auxiliary wind propulsion systems Norsepower Oy will receive EUR 2.6 million (USD 2.9 million) in funding to further its research and development of the Norsepower Rotor Sail Solution technology… Read More
World Maritime News Staff