Saga Welco operates a fleet of 48 open-hatch vessels and offers worldwide semi-liner services originating principally from the east coast of South America.
On Monday, American shipbuilder Philly Shipyard said that it posted a net loss of $36 million for the year to date, including a $17 million write-off for the cancellation of two container ships for TOTE Maritime.
Philly Shipyard, Inc. , the sole operating subsidiary of Philly Shipyard ASA, delivered the first of two 3,600 TEU Aloha Class containerships that PSI is building for Matson Navigation Company, Inc. .
