Lloyd’s List
Latest From Lloyd’s List
No takeover bid despite Caravel lifting Pacific Basin stake above 20%
Despite further buying possible, it says it won’t cross Hong Kong takeover thresholds or launch a bid for now
Jury bribe and witness threats as MSC Gayane drug-bust saga continues
It has been more than six years since the largest drug seizure in shipping history, when over a billion dollars of cocaine was found aboard the containership MSC Gayane. The prosecution of the alleged coordinator of the smuggling operation, Goran Gogic, is coming to a head
Two dead after K Line bulker capsizes in South China Sea
The China Coast Guard successfully recovered 17 of the bulker’s crew, but four remain missing
Syrian oil and gas production to recover in 2026, says WoodMac
Syria’s government is to regain control over key oil and gas fields, laying the foundation for a recovery in oil and gas after more than 10 years of war, according to Wood Mackenzie
China Merchants orders four 3,000 teu boxships
Deliveries are scheduled for 2027-2028
Russia to expand port capacity by 56m tonnes
As part of this year’s plans, northwestern ports will see their capacity expanded by more than 15m tonnes, while a container terminal will open in Vladivostok