Russian fuel shortages reverse tanker trade flows
Russia is importing almost 270,000 tonnes of refined fuels from Asia this month, creating an extraordinary reversal in tanker trade flows as repeated Ukrainian strikes…
Hapag-Lloyd takes 25% stake in Maersk’s Rotterdam terminal
Hapag-Lloyd has agreed to acquire a 25% stake in APM Terminals Maasvlakte II in Rotterdam, securing long-term capacity at one of the key European hubs…
Centrofin moves into boxships with Hengli pair
Greek owner Centrofin Management has been linked to its first containership newbuildings, with brokers placing the Dimitris Procopiou-led company behind a pair of 6,000 teu…
MSC reaches 500 secondhand acquisitions in six-year buying blitz
Mediterranean Shipping Co (MSC) has reached another extraordinary fleet milestone, taking its tally of secondhand containership acquisitions since August 2020 to 500 ships, according to…
Maersk tears up fleet ceiling
Maersk appears ready to tear up one of the defining tenets of its strategy this decade, abandoning its long-standing containership capacity ceiling as Vincent Clerc…
Panama tightens canal draft limits again
The Panama Canal is imposing two further draft reductions at its neopanamax locks as falling water levels and a strengthening El Niño revive memories of…