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French container carrier CMA CGM S.A. has reported that its all-cash voluntary unconditional general offer for Neptune Orient Lines Limited (NOL) closed on July 18, 2016, with CMA CGM now owning approximately...

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Mein Schiff 5, TUI Cruises’ newest cruise ship, was named on July 15 in the Bay of Lübeck, Travemünde, Germany. Built at Meyer Turku Oy shipyard in Finland, the 98,785...

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Container carriers Hapag-Lloyd AG and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals....

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More containership capacity is being demolished than ever before, including old-design ships made redundant by the new Panama Canal; however, the trend will not make a significant impact on the current capacity surplus unless...

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