The transaction comes in the form of a stock purchase, under which Hyundai Glovis will take over Eusu Ship Management from Eusu Holdings for about $9.7 million.

The carbon dioxide emissions reductions came as company’s 85 vessel fleet carried over 5 million TEUs to over 70 countries around the world last year, according to recent data from the Singapore-based CMA CGM subsidiary.

The end result of a three-year legal struggle to liberalize Spanish ports, the lump sum fine of $3.4 million was significantly less than what was first decreed in 2014.

Klaus-Michael Kuehne of Kuehne Holding took advantage of TUI’s sale of its shares in the German ocean shipping company to increase his own ownership stake, according to multiple news sources.

Expansion work at the Port of Liverpool’s Liverpool2 container terminal was initiated on Friday, Peel Ports Group, the owner of the United Kingdom port, announced.

The liquid bulk vessel Los Llanitos ran aground in 2015 during Hurricane Patricia and is currently leaking oil, despite reports that all petroleum products were pumped out in 2016, according to local authorities.

The government approval means the retail giant can stock itself and sell groceries via partners, according to multiple news sources.

The U.S. diesel-powered heavy truck fleet of about 3 million vehicles is now 30 percent cleaner in terms of emissions and more fuel efficient than it was five years, according to a recent study by the Diesel Technology Forum.

While en route from Singapore to Durban on July 9, the crew of the Ever Diadem crew found 30 distressed seafarers drifting in two lifeboats off the coast of Madagascar.

The Federal Maritime Commission completed compromise agreements with eight non-vessel-operating common carriers and one unlicensed entity for Shipping Act violations which resulted in the collective recovery of $925,000 in civil penalties.