Piraeus Port is currently navigating significant pressures from ongoing diversion of vessels around the Cape of Good Hope and union criticism over safety practices.

The Grimaldi Group has finalised the acquisition of a 67% stake in the Heraklion Port Authority S.A. for €80 million.

The European Commission (EC) has fined several ocean carriers engaged in the transport of finished vehicles and automotive parts and components a total of €546M for anti-competitive practices, including alleged collusion on freight rates.

China Cosco Shipping Corp (CCSC) and Yang Ming Line are the latest carriers to put in place deferral strategies for some of their ships. Their moves follow rising concerns that overcapacity in 2018 could have another negative impact on freight rates and stall the liner shipping industry’s recovery of the past 12 months.

Attica Group will become the majority owner of the Aegean/Adriatic ro-pax operator

Reliable reports emanating from South Korea suggest that the country’s container shipping companies are planning to create a national alliance

Piraeus Port is currently navigating significant pressures from ongoing diversion of vessels around the Cape of Good Hope and union criticism over safety practices.

The Grimaldi Group has finalised the acquisition of a 67% stake in the Heraklion Port Authority S.A. for €80 million.

The European Commission (EC) has fined several ocean carriers engaged in the transport of finished vehicles and automotive parts and components a total of €546M for anti-competitive practices, including alleged collusion on freight rates.

China Cosco Shipping Corp (CCSC) and Yang Ming Line are the latest carriers to put in place deferral strategies for some of their ships. Their moves follow rising concerns that overcapacity in 2018 could have another negative impact on freight rates and stall the liner shipping industry’s recovery of the past 12 months.

Attica Group will become the majority owner of the Aegean/Adriatic ro-pax operator

Reliable reports emanating from South Korea suggest that the country’s container shipping companies are planning to create a national alliance