GCC Ports

Boeing forecasts $730 billion market for new airplanes in Middle East

Boeing forecasts that airlines in the Middle East will need 3,350 new airplanes over the next 20 years, valued at an estimated $730 billion. Boeing...

Scorpio Bulkers Inc. announced that the Company has received a commitment for a loan facility of up to $85.5 million from Nordea Bank AB (publ), Ne...

By partially utilizing the authorized capital, the gross issue proceeds amount to approximately EUR 352 million (approx. USD 414 million). 96.5 per...

Diana Containerships Inc. a global shipping company specializing in the ownership of containerships, announced that it has entered into an agreemen...

CMA CGM announces that it has reached an agreement to purchase through its subsidiary, ANL, the majority of the shares in SOFRANA Unilines, a key p...

Hapag-Lloyd AG will now carry out the capital increase that was agreed upon as part of the merger of Hapag-Lloyd and UASC. The gross proceeds are e...

Fiji probes more than 20 vessels for possible North Korean links

Fiji has said that it had identified 20 falsely flagged ships it suspects North Korea is using to evade sanctions. Fiji, along with Interpol and th...

APM Terminals announced the sale of its 5% share in Terminal de Contêineres de Paranaguá (TCP) to China Merchants Port Holdings. The s...

HSH Nordbank’s Shipping Loan Loss Provisions Still High

Due to persistently difficult conditions in the shipping market seen during the first half of 2016, loan loss provisions for shipping at Germany&rs...

Transocean Ltd. has reached an agreement with Songa Offshore SE whereby it will, subject to certain conditions, make a Voluntary Exchange Offer to ...

The Dubai based “Gulf Navigation Holding PJSC”, listed in Dubai Financial Market (DFM) under “GULFNAV”, announced 33% growt...

Swedish Club secures further solvency strength

The Swedish Club returned a solid performance in the first six months of the accounting year, following the release today of its half-year results....

Teekay Tankers Ltd. announced that its Board of Directors has declared a cash dividend of $0.03 per share for the quarter ended June 30, 2017, repr...

It is the end of a turbulent chapter in the 170-year history of the company. At the beginning of the week, TUI AG, the tourism company to which Ha...

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that it has agreed to refinance its ex...

Boeing forecasts $730 billion market for new airplanes in Middle East

Scorpio Bulkers announces a commitment for a new loan facility

Hapag-Lloyd successfully completes capital increase

Diana Containerships sells 7 ships for $104 m.

CMA CGM to acquire majority stake in Sofrana Unilines

Hapag-Lloyd to conduct capital increase following merger with UASC

Fiji probes more than 20 vessels for possible North Korean links

APM Terminals sells Paranagua port share

HSH Nordbank’s Shipping Loan Loss Provisions Still High

Transocean announces agreement to acquire Songa Offshore SE

Gulf Navigation Holding marked rapid profit growth in the first half of 2017 by 33%

Swedish Club secures further solvency strength

Teekay Tankers declares dividend

TUI sells rest of Its shares in Hapag-Lloyd AG

Diana Shipping agrees to a loan of US$82.6 million to Diana Containerships Inc

Frank Wulf Heads Aircraft Finance of NORD/LB

Diana Shipping reports financial results for the first quarter ended March 31, 2017

Singapore Shipping Association to increase focus on marine insurance

Yang Ming’s financial and operating performance has improved significantly

Barbican expand marine insurance team