Hanjin’s returning charters and selling ships, depressing global shipping assets

Hanjin Shipping’s asset sales have started with three ships under charter sold by their owners last week, setting off a potential decline in ship values worldwide as the beleaguered maritime industry comes under renewed pressure.

Container lines returning European food exports destined for Russia

Maersk Line is reported to have a significant amount of fresh produce bound for Russia which now needs to be...

Norden Returning to Profit After Wager on Extended Rout

D/S Norden (DNORD) AS, Europe’s biggest commodity-shipping company, is betting that transport rates will conti...