by CanadianSailings | Nov 18, 2015 | Gateways and Corridors, Ocean, Other, Shipbuilding and Repair
MV Veteran, the 80-metre ice class RoPax ferry built by Damen Shipyards was handed over to the Government of Newfoundland and Labrador (GNL) in St. John’s, Newfoundland, on 23 October 2015. Launched earlier this year by Damen Shipyards Galati in Romania, the vessel...
by CanadianSailings | Nov 18, 2015 | Business and Economy, Other
By Gavin van Marle The first signs of a shareholder revolt appeared at U.S. forwarder UTi Worldwide over its board’s recommendation to accept the purchase offer from Danish 3PL DSV. DSV tabled a $1.35 billion offer for UTi on 9 October, offering long-suffering...
by CanadianSailings | Nov 18, 2015 | Business and Economy, Ocean, Ocean Carriers, Other
By Gavin van Marle It has been tumultuous week for Hapag-Lloyd as the German carrier pressed to push through its initial stock market listing – otherwise known as an IPO – while existing shareholders have seen the value of their stakes fall. And in the case of CSAV,...
by CanadianSailings | Nov 18, 2015 | Business and Economy, Gateways and Corridors, Ocean, Ocean Carriers, Other, Shipbuilding and Repair
By Mike Wackett The withdrawal of services during the winter slack season will, in the next few weeks, propel laid-up cellular capacity past the million-TEU watershed to its highest level since the financial crisis began, said Alphaliner this week. Its latest data...
by CanadianSailings | Nov 18, 2015 | Corporate events & profiles, Other
“Broader emerging market concerns have weighed on customer sentiment, contributing to a weaker fertilizer environment in the second half of 2015,” said PotashCorp President and Chief Executive Officer Jochen Tilk. “In response, we are moving forward the permanent...
