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DP World acquires P&O Ferries for $421m

The acquisition is expected to be earnings accretive from the first full year of consolidation and is expected to meet DP World’s return targets

Europe DP World

The strange death of shipping England

National resilience is not just military but civil, and Britain’s inability to guarantee sufficient ro-ro capacity following departure from the EU has left it found wanting. This should not be allowed to happen again

Europe United Kingdom

Ferry ports offered cheap loans for no-deal Brexit upgrades

As the UK government struggles to defend the collapse of its £13.8m post-Brexit contingency contract with Seaborne Freight, it has emerged that attempts to shore up ferry port infrastructure with cheap loans have so far resulted in no ports taking up the offer

EU United Kingdom

Pericles Panagopulos, founder of Greek ferry group Attica, dies aged 83

Founder of Royal Cruise Line, SuperFast Ferries and Magna Marine was involved in shipping from an early age

Europe Greece

Commitment to quality pays off for Bahamas Maritime

Bahamas Maritime Authority has reported the lowest number of detentions ever recorded. This is the result of a commitment to monitoring performance of both vessels and management, CEO Capt Dwain Hutchinson explained

Bahamas Tankers and Gas

Moby-CIN reverse merger plan challenged by creditors

Moby says companies believe there are no reasonable grounds for Tirrenia to stop the reverse merger, as it does not prejudice any creditors

Europe Italy
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