The container line has directed ships in and heading towards the Gulf to move to designated safe shelter areas.

By Louise Rasmussen and Kanjyik Ghosh March 1 (Reuters) - Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, ...

CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalised anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline ...

The Federal Maritime Commission said it has fined Mediterranean Shipping Company $22.67 million for three types of Shipping Act violations. The decision followed an enforcement proceeding for three ...

NEW YORK--(BUSINESS WIRE)--Global Infrastructure Partners (“GIP”), a leading independent infrastructure investor, through its third flagship infrastructure fund (“GIP III”), together with certain of ...

Mediterranean Shipping Company, also sometimes referred to as MSC, tops our list of the biggest shipping companies in the world. As a global container shipping and logistics company, it facilitates ...

PANAMA CITY, Feb 23 (Reuters) - Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, clearing the way for Maersk ...

Hong Kong's CK Hutchison said on Wednesday its Panama Ports Company unit has started international arbitration proceedings against Panama after the country's top court annulled its licences to operate ...