Seatrade has acquired a stake in JR Shipping Group, enhancing its position in the maritime sector and focusing on next-gen shipbuilding.

DUBAI's DP World is said to have reached a deal to sell its minority stake in the Visakha Container Terminal (VCT), in the eastern Indian port of Visakhapatnam, to the local joint venture partner, according to source, reports Container News

CONTINUING asset sales by carriers indicates that confidence is not running high and recent container terminal stake sales show that shipping lines need greater cash reserves to see them through a financial drought ahead

Two of three owners sell stake in AlliedShipbuildersVancouver SunBut last week, North Vancouver based AlliedShipbuildersquietly changed hands, as two of the three owners, Jim and Malcolm McLaren, sold their shares to longtime employee, vice-president of operations Chuck Ko. But McLarens will still be at the...North Vancouver's AlliedShipbuilderschanges ownershipNorth Shore NewsMcLaren brothers step away from AlliedShipbuildersNorth Shore Outlookall 5 news articles »