The independent containership owner and manager purchased the vessels for $195.6 million.
The U.S. Commerce Department’s International Trade Administration released a report Wednesday, showing that 92 percent of more than $1.3 trillion worth of U.S. goods exported in 2015 were likely affected by foreign technical regulations.
The Arab ocean carrier's shareholders would own 28 percent of the combined company, while the existing shareholders of Hapag-Lloyd would own 72 percent of the new company.
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The collision in northern Texas left one injured and three missing Tuesday morning.
The International Maritime Organization's new verified gross mass regulations go into effect on Friday, July 1, is your company ready?
The French ocean carrier said it intends to have Singapore’s Neptune Orient Lines delisted from the Main Board of the Singapore Exchange as it pushes forward to acquire all of the shipping company’s shares.