Beluga woes seed AAL expansion

Hyundai Merchant Marine and Austral Asia Line have signed an agreement for a joint multipurpose service between the Far East and Middle East

A need to accommodate growth in cargo volumes, ensure adequate geographical coverage of the region, and enhance reliability has prompted CMA CGM to instigate changes to its existing East African feeder network.

Vroon Group is likely to dispose of its tanker and car carrier interests as part of the drastic reorganisation that the Dutch shipping company has agreed upon with its banks and other lenders

DNV GL and Oshima Shipbuilding have launched a new 65,000dwt open-hatch general cargo carrier design

The Rhenus Group has acquired a 40% stake in German ship manager Arkon Shipping, via an injection of capital

The Zeaborn Group has acquired the business operations of struggling Rickmers-Linie.