United Airlines Sees Weak Demand for $2.25 Billion Junk Bond
United Airlines Holdings Inc.’s junk-bond sale is struggling to gain traction with investors as orders of just $1.5 billion were placed for the $2.25 billion…
Dow Explores Sale of Its Ports, Storage, Rail Businesses
Dow Inc. is exploring the sale of its ports on the U.S. Gulf Coast and six railway hubs as it refocuses on chemicals, according to…
Konecranes wins Fennia Prize 20 award for its innovative S- and C-series lifting products
Konecranes’ benchmark-setting S-series cranes and C-series hoists have been recognized by Design Forum Finland, winning the 2020 Fennia IPR Excellence prize for the protection of…
ICTSI 1Q2020 reduction in net income reflects impact of COVID-19 – down 18% to US$59.6M
ICTSI Chairman and President said: “For many people around the world, livelihoods have been severely impacted by the outbreak of COVID-19. This pandemic is having,…
Odfjell SE 1Q20: Improved results despite a market facing several uncertainties
Odfjell SE today reported its results for the first quarter of 2020. The report shows improved results driven by increased earnings in Odfjell Tankers as…
OOCL trans-Pacific trade – service update for May and June
In response to the expected low demand in the market, we would like to provide an update to the OOCL April 15 and April 29…
US shut-ins double: Company guidance hints 616,000 barrels per day shut during May, 655,000 in June
US production of 616,000 barrels of oil per day (bpd) will be shut during May and 655,000 bpd during June as a result of the…
Finnlines Plc financial review January–March 2020
Emanuele Grimaldi, President and CEO, in conjunction with the review:
FIATA welcomes FMC’s final interpretative rule on demurrage and detention charges
FIATA welcomes the US Federal Maritime Commission’s (FMC) new landmark guidance on its approach to assessing the reasonableness of detention and demurrage regulations and practices…
CEVA Logistics launches its Truck – Rail – Truck service, a new solution to keep cargo moving across Asia
CEVA Logistics has designed an innovative Truck-Rail-Truck (TRT) solution to keep customers’ freight moving across Asia during the COVID-19 crisis. Prevents long waits at border…
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