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New Tonnage Record for Panama Canal

 The Panama Canal set a new daily tonnage record in February 2017 of 1.18 million Panama Canal tons (PC/UMS) after welcoming a total of 1,180 vessels through both the expanded...

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Claus-Peter Offen Acquiring Conti Group

The Hamburg shipping company Claus-Peter Offen has decided to take over the Munich-based Conti Group following a shareholders agreement of the two companies. According to the terms of the deal, Offen is...

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BIMCO: Dry Bulk Fleet Tops 800 Mn dwt

Driven by a drop in dry bulk demolition and a surge in deliveries, the dry bulk fleet grew by 2.6% year-on-year in January 2017 exceeding 800 million dwt, according to shipping association...

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