Korea’s new shipper SM Shipping goes on maiden voyage next month

SM Shipping, a newly created container liner under South Korea’s Samra Midas (SM) Group after the acquisition of the Asia-North America route from now-defunct Hanjin Shipping, will set sail on its maiden voyage on March 8 along the East and South China Se

Portugal’s biggest shipper ETE seeks potential investors, possible IPO

Portugal’s largest shipping company, Grupo ETE, is preparing to open up its capital to outside investors and is studying the possibility of an initial public offering as it seeks to speed up expansion in Latin America, CEO Luis Nagy told Reuters.

Chinese Shipper Seeking Revamp Said to Ask Banks to Join Loan

A Chinese container shipping firm has asked banks to join a loan backing its proposed acquisition of a U.S. computer distributor as it tries to transform itself into a general logistics operation, according to people familiar with the matter.

Container Shipper Renamed, Given New Focus

China Shipping Container Lines Co. (CSCL), until recently the country’s second-largest container shipper, has been transformed into a financial leasing services company following its parent company’s merger with COSCO Group.

Biggest Coal Shipper’s Power Plan Offers Relief From Bear Market

The coal market’s best hope of breaking a four-year losing streak may be its biggest supplier’s plan to burn more at home. ...

Bulk shipper sees growing rates in next 2 years

Golden Ocean, the bulk shipping arm of John Fredriksen’s business empire, expects a sharp rise...

Bulk shipper sees balanced supply, demand in 2015

U-Ming Marine Transport Corp one of the nation’s major bulk shippers, expects the market to reach an...