NASDAQ-LISTED Greek containership owner Euroseas has revealed plans to spin off three of its oldest vessels into a separate publicly listed company

MAERSK Line CEO Soren Skou said if shippers' demand falls when his company's mega 18,000-TEUers come on steam, older smaller ships will be withdrawn

IN what has been described as a sign of the new leadership after group chairman, Wei Jiafu, stepped down from office early last month, Cosco Group is pushing ahead with plans to scrap 13 older vessels