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Scorpio to snap up Navig8 product tanker fleet

Scorpio to snap up Navig8 product tanker fleet

Monaco - Scorpio Tankers (STI)is to merge with Navig8 Product Tankers to form one the world’s largest product tanker owning companies. As part of the deal, STI will acquire Navig8’s 27 operating product tankers. The merger is expected to close in the second or third quarter of 2017

Fleet grows slower, dry bulk market recovers

Fleet grows slower, dry bulk market recovers

Athens - When all has been said and done, the recovery of the dry bulk market is down to a number of factors, with the prevailing one being the significant reduction of the dry bulk fleet’s growth. Thankfully for ship owners, this seems to be evolving to a much more stable trend

Grimaldi, new car traffic at Bari

Grimaldi, new car traffic at Bari

Naples - New car traffic in the port of Bari is to be handled by the Grimaldi Group. The Neapolitan shipping company’s expansion continues in the links up and down the Adriatic, to decongest the national motorway system.

Vte, Yang Ming wish comes to port

Vte, Yang Ming wish comes to port

Genoa - The VTE Terminal can offer eight duck cranes of the latest generation and a series of cutting-edge infrastructure, and it is fitted to handle Ultra Large class ships without limitations, day and night, ensuring ever higher safety standards.

BC Ferries launches first LNG dual-fuel vessel
Scandlines transformed to ‘efficient traffic machine’ after exceeding expectations
Hapag-UASC tie-up nears completion

Hapag-UASC tie-up nears completion

Doha - German shipping line Hapag Lloyd is close to completing a mergerwith United Arab Shipping Company (UASC) after UASC’s shareholders agreed terms to repay outstanding debts, sources familiar with the talks said

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