If successful, Maersk will save on fuel and terminal costs by spending less time in port and build a differentiated alliance. Furthermore, greater reliability results in greater route certainty, which ...
We rate Hapag-Lloyd’s shareholder distribution policy as appropriate. Hapag-Lloyd distributes a dividend of 30% of group profit, a sound strategy that allows for greater payouts during strong periods ...
It took a year to plan, but the salvage efforts started in earnest in November 2020. To start with, the first massive chunk was cut off of the ship and schlepped to shore, but it took until ...
The Norwegian vessel Oslo Carrier 3 refused to take aboard Russian sailors from the sinking cargo ship Ursa Major, according to the ship’s owner, Oboronlogistika, a company under Russia’s Defense ...
Cargo ship sank between Spain and Algeria Two of 16 sailors aboard reported missing Spain sent maritime rescue service to help Deputy chairman of Russia's Security Council says Norwegian-flagged ...
MOSCOW (Reuters) - A Norwegian shipping company on Friday rejected an accusation from Dmitry Medvedev, deputy chairman of Russia's Security Council, that it refused to rescue sailors from a sinking ...
Finnish customs authorities have also seized the ship’s cargo of fuel. The Estonian Defense Forces said its navy had stepped up patrols around the remaining Estlink 1 cable to secure the energy ...