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Hyundai Heavy to Close Shipyard amid Lack of Offshore Orders

South Korean shipbuilder Hyundai Heavy Industries has decided to temporarily shut down its offshore shipyard due to a lack of orders, Yonhap said citing the company.

20,000 TEU COSCO Shipping Virgo Delivered

Chinese container shipping major COSCO Shipping Corporation has taken delivery of its fifth 20,000 TEU containership, COSCO Shipping Virgo.

Biggest Indian Cargo Company Wants to Build an Uber for Shipping

Allcargo Logistics Ltd. is emulating Uber Technologies Inc. to boost its business of sharing marine containers.

Brokers: Zodiac Maritime Tied to Five 14,000 TEU Ships at HHI

London-based Zodiac Maritime has beefed up its orderbook with five ultra large containerships, according to the data from Fearnleys.

NYK, Oyak to Build Car Terminal in Turkey

Japanese shipping company Nippon Yusen Kaisha (NYK) has joined forces with Turkish conglomerate Oyak to build and operate a finished-car logistics terminal in Yarimca port near Istanbul.

HAPAG-LLOYD FLEET 'NOW COMPLETE' AS LATEST UASC NEWBUILD ULCV IS DELIVERED

Hapag-Lloyd has taken delivery of the last of 17 ULCVs ordered by UASC in 2013 as “some of the greenest and largest container vessels in the world”.

COSCO SHIPPING PORTS TO BUILD FREIGHT STATION AT KHALIFA PORT

Abu Dhabi Ports and Cosco Shipping Ports Limited (CSP) and Abu Dhabi Ports broke ground for the  construction of a new container terminal at Khalifa Port during a high-profile event on Sunday, reported WAM.