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International Maritime

HRA: Naval Task Force Hold 5-Day Somali Piracy Operation

A multi-national naval task force tasked with combating piracy in the Somali basin is getting ready to conduct a five-day operation aimed at increasing naval presence and informing the maritime community on the continuing risks to…

ONE To Acquire Three U.S. West Coast Container Terminals

Japanese shipping company Ocean Network Express (ONE) has announced an agreement to acquire controlling stakes in three U.S. West Coast container terminals. ONE has signed definitive agreements to acquire a 51% stake in each of TraPac…

Wan Hai Lines To  Sell 10 Containerships For Scrap

Taiwanese shipping company Wan Hai Lines is putting ten of its oldest containerships up for sale for demolition. This represent approximately 10% of its owned fleet by number of vessels. According to Alphaliner, Wan Hai Lines is the…