CMA CGM Seeking Funds for NOL Takeover
Franceās CMA CGM has approached banks to finance its potential takeover bid for Singaporeās Neptune Orient Lines Ltd (NOL), reports Bloomberg. The worldās No. 3ā¦
Wärtsilä Strengthens Its Position in China with New Propulsion Orders
Two new marine geological research vessels under construction in China will feature a broad scope of Wärtsilä engines and propulsion equipment. Wärtsilä has maintainedā¦
Green Signal to New Access Channel to Port Said East
The construction of a wide access channel to Port Said East, as the side channel project, has officially received approval. The head of the Suez Canal Authority (SCA)ā¦
Hapag-Lloyd Buys Back US Bonds
German container line Hapag-Lloyd Hapag-Lloyd settles a high-yield dollar bond partly prematurely. The carrier would seek to pay off $125m in principal on its USā¦
South China Sea Hearing in Court
The Philippines has sought to debunk China's claims to disputed islands in the South China Sea, court officials said Monday (November 30) as an international tribunal wrapped up a five-day hearingā¦
Nearly 100 Rescued after Batam Ferry Hits Trouble
Almost 100 people were rescued when a ferry sailing toward Singapore from the Indonesian island of Batam hit a floating object and reportedly started to sink, maritime officials said.
Ship Spills Oil in Whangarei Harbour
A Hong Kong-registered ship, Ning Po, has leaked some fuel but it is unclear how much has been spilled or what the cause of the leak was, say local media reports.
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