“Seaspan Corporation announced (…) the closing of a $500m increase (the “Accordion”) to its portfolio financing program (the “Program”). The Program initially closed on May 15, 2019 with a total capacity of $1.0bn, and subsequent to closing of the Accordion, …

…and so, as widely expected by our Premium readers, the organisational structure of DSV Panalpina in APAC has now been announced.
The great news?
While I hear that more cuts are happening in North America, specifically in Canada*, some peripheral …

The implementation of the IMO 2020 0.5% sulphur cap on shipping from 1 January next year is “a challenge and an opportunity” for member states, according to World Shipping Council president and chief executive John Butler (pictured above).
At the …

M&G Prudential’s infrastructure equity arm, Infracapital, has acquired GB Railfreight (GBRf) for an undisclosed sum.
The sale comes on the back of GBRf owner Hector Rail Group’s decision to sell following a three-year period in which GBRf has grown to …

Atlas Air, along with customer Amazon, is facing a lawsuit over the death of one of its pilots in the tragic 767 crash on February. 
The Wrongful Death Act case was filed last week by Elliott Aska, a family member …

Kuehne + Nagel (KN) is claiming a win for the environment after announcing that, from next year, it will offer carbon-neutral services for all less-than-containerload (LCL) shipments.   
The move is part of a wider green pledge from the multinational forwarder, …

Today Thomas Cook’s chief executive Peter Fankhauser apologised for the 180-year-old travel company’s collapse. But in the wake of the news, which has resulted in the world’s largest peacetime repatriation, UK prime minister Boris Johnson has questioned whether company execs …