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Germany suspends Kiel Canal traffic dues to boost waterway’s competitiveness

glory 06-07-2020 14:32 Area News
Germany’s government has taken a decision to waive the Kiel Canal traffic dues until 31 December 2020. With the support of the five federal states of Northern Germany and the German Shipbrokers Association (ZVDS), the...
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MV Werften back to safe waters as it gets emergency funding

glory 30-06-2020 15:47 Area News
Banks and guarantors have released €175 million in emergency financial aid for German shipbuilder MV Werften, part of Genting Hong Kong. The funds were released from a blocked account by seventeen banks, the Federal...
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14 08, 2020

Hapag-Lloyd’s profit rises despite lower volumes

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14 08, 2020

Meyer Turku announces first phase of layoffs

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14 08, 2020

Vinalines transforms into joint-stock company, changes name to VIMC

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