THE Port of Oslo handled a total of 195,460 TEU in 2015, representing a decrease of 8.1 per cent compared to the previous year. Within this total, imports amounted to 102,873 TEU, down 10.7 per cent year on year, while exports at 92,587 TEU fell by 4.9 per cent.
KOREA's troubled Hyundai Merchant Marine (HMM), trying to free itself from financial ruin, says it sees a way out via debt-for-equity swaps with creditors.
GERMAN shipping giant Hapag-Lloyd's board has delayed the company's annual general meeting on June 1 until August as merger talks with Kuwait's United Arab Shipping Company appear to come to an hopeful end.
A DOCUMENT from containership owner Seaspan has revealed that the near bankrupt Korean carrier, Hanjin Shipping, is in serious arrears in charter hire payments.
THE Port of Hamburg in the first quarter handled a total of 34.8 million tons of cargo, down 2.5 per cent compared to the same period a year earlier.
STATE-owned shipping company, Islamic Republic of Iran Shipping Lines (IRISL) multi-purpose vessels have started calling at the C Steinweg's Sud-West Terminal in Hamburg deployed on a new general cargo service that calls monthly.
THE Jawaharlal Nehru Port Container Terminal (JNPCT) posted a 35 per cent year-on-year increase in April throughput to 133,195 TEU - its highest ever monthly volume.
JAPAN's biggest shipping company, MOL, will levy a US$200 per TEU rate increase on cargo from Asia to southern Africa from June 1