Mercosul Line has been bought by French carrier CMA CGM.

CMA CGM and Maersk Line have entered into a binding agreement regarding the sale of Mercosul Line.

Korea Development Bank

SM Group’s bid to take over South Korean shipping group STX Corporation has been rejected by creditors.

Ore Sossego

Brazilian mining giant Vale sells transhipment vessel, Ore Sossego for scrap amid sluggish recycling market.

Stellar Galaxy

South Korean ore carrier specialist Polaris Shipping has expanded its fleet as it agreed to purchase a Newcastlemax bulk carrier TRF Charleston.

Contract signing for acquisition of Pandi Services J. & K. Brons by Brand Marine Consultants

Brand Marine Consultants continues its expansion with the acquisition of claims handling company, Pandi Services J. & K. Brons.

NS Orla

Ocean Yield has increased its exposure to the offshore service vessel sector by acquiring two vessels, each with a 15-year charter.

London Stock Exchange

Global Ports Holding has endured a tough first month as a company listed in London.

Captain Rahul Khanna

Regulation and emerging risks are exacerbating the pressure created by a tough trading environment within the shipping sector.

Salt Lake City

Business goes on for K Line-Noble joint-venture amid commodity slump and corporate restructuring.