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Day: August 21, 2015

Maersk’s newbuilds won’t fit new Panama Canal

Last week Maersk announced the signing of a $1.1 billion newbuilding contract for nine vessels with a 14,000 TEU capacity. Maersk is strengthening its fleet with hull designs that can be deployed on East-West or North-South...

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ICTSI revenue boom sparks $450m expansion

Global terminal operator International Container Terminal Services (ICTSI) is to raise around US$450 million in capital via a bond issues so it can fund further expansion plans for its global portfolio of container terminals,...

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