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International Maritime

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…

Super Oil Tanker Under US Sanction Refloats

The U.S.-sanctioned oil supertanker Young Yong has  been towed to an anchorage area in Nipah, Indonesia, after the stranded tanker was successfully refloated, Commander of Indonesia’s First Fleet Arsyad Abdullah said on Thursday. A VLCC…
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