Switzerland
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Europe
European Commission okays CMA CGM’s bid for CEVA Logistics
The European Commission has approved the proposed takeover of CEVA Logistics by French liner CMA CGM. The commission concluded that…
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Europe
Kidnapped crew from MSC boxship released by pirates
Six crew members, including the captain, kidnapped earlier this month from 2,668 teu off Benin, have been released according to…
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Europe
CEVA Logistics tells shareholders to reject CMA CGM takeover offer
Having first turned down a takeover offer from Denmark’s DSV last year, CEVA Logistics has come to the decision not…
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Europe
Transocean raising $550m via note offering to fund drillship acquisition
Offshore drilling contractor Transocean is raising $550m via a senior secured note offering, with net proceeds to be used to partially…
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Europe
DSV makes $4bn move to take over Panalpina
Swiss logistics firm Panalpina has announced that it has received an unsolicited, non-binding proposal from Danish freight forwarder DSV to…
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Europe
MSC Zoe cleanup encounters more problems
Stormy weather continues to hamper efforts to clean up boxes from the in the North Sea. A total of 281…
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Middle East
ZIM extends relationship with MSC and Maersk to the US west coast and the Mediterranean
ZIM has further cosied up to the world’s top two liners, Maersk and MSC, in what its CEO described today…
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Europe
Storm impacts MSC Zoe cleanup operations
Efforts to clean up the debris following the loss of 281 containers over the side of the giant boxship are…
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Europe
MSC set to close gap on Maersk this year, dominating newbuild deliveries
Mediterranean Shipping Company (MSC) is set to close the gap with its nearest rival, Maersk, throughout 2019, taking more newbuilding…
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Europe
43 boxes still not accounted for from MSC Zoe spill
The Dutch public works department Rijkswaterstaat and containerline Mediterranean Shipping Company (MSC) have located around 220 of an estimated 281…
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Europe
Troops deployed as politicians warn of natural disaster from MSC Zoe box spill
Troops have been deployed by the Dutch Ministry of Defence to help in the cleanup operations in the wake of…
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Containers
Six crew kidnapped from MSC boxship off Benin
The 2,668 teu has been targeted by pirates off Benin with Ambrey Intelligence reporting six crew have been kidnapped. The…
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Containers
Dutch issue navigational warning as 270 boxes fall off MSC ship
Santa came twice this festive season to residents of the Dutch islands of Terschelling and Vlieland. Social media is abuzz…
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Containers
MSC takes four ships and 49% share of Messina Group
Banca Carige and Messina Group announced they have reached a final agreement on the terms of the debt renegotiation which…
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Europe
Transocean lands five-year deal with Chevron for newbuild drillship
Offshore driller Transocean has signed a five-year contract with Chevron for one of its two ultra-deepwater drillship currently under construction…
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Americas
MSC pays emissions fine in California
Mediterranean Shipping Company (MSC) has been forced to pay $630,625 in penalties to the California Air Resources Board (CARB) for…
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Europe
Transocean completes Ocean Rig acquisition
Transocean has completed its $2.7bn acquisition of Ocean Rig. First announced in September, the deal grows Transocean’s fleet to 54…
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Europe
MSC details new bunker recovery charge
Mediterranean Shipping Company (MSC) has become the latest line to explain how it intends to get customers to pay for…
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Europe
Transocean’s acquisition of Ocean Rig gets shareholder approvals
Transocean and Ocean Rig have both announced the approval of their respective shareholders for Transocean’s $2.7bn acquisition of Ocean Rig,…
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Europe
CMA CGM outlines CEVA Logistics vision
French line CMA CGM and potential new acquisition CEVA Logistics have outlined how the pair intend to grow together, albeit…
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