August 17, 2017
Regulatory bodies of China, Korea, Brazil, Chile and South Africa are still to clear Maersk Line’s acquisition of German counterpart Hamburg Süd, Maersk said in...
Read More
Containers
August 17, 2017
The hulking container ships that transport sneakers, bananas and barbie dolls around the world keep getting bigger. So are the companies that own them. (more…)
Read More
August 16, 2017
Denmark's A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday, lifting its shares as investors looked beyond one-off second-quarter charges. (more…)
Read More
August 16, 2017
World container trade appears to be back on track, according to Drewry, which upgraded its annual outlook for 2017. (more…)
Read More
August 14, 2017
Container shipping groups will continue to do deals, leaving only five or six survivors in an industry that two years ago had 20 players, according...
Read More
August 14, 2017
The Hong Kong Competition Commission has issued a five-year block exemption order for liner shipping vessel-sharing agreements (VSAs). (more…)
Read More
August 11, 2017
Hyundai Merchant Marine (HMM) saw its operating loss narrow to KRW 128.1 billion (USD 111.8 million) in the second quarter of 2017 from KRW 254.3...
Read More
August 10, 2017
Yesterday’s partnership agreement between 14 South Korean shipping lines falls far short of the consolidation needed to bring them significant benefits, according to Alphaliner. (more…)
Read More
August 9, 2017
A group of 14 local shipping firms launched a business alliance on Tuesday so they can work together to develop new shipping routes and operate...
Read More
August 8, 2017
Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced today that it has closed the acquisition of the remaining four container vessels...
Read More
August 4, 2017
Hyundai Merchant Marine Co., South Korea’s leading container carrier, said Thursday it will allocate more vessels to meet rising demand on U.S. routes in the...
Read More
August 3, 2017
Diana Containerships announced that it has received written notification from The Nasdaq Stock Market LLC (“Nasdaq”) dated July 31, 2017, indicating that the Company is...
Read More
August 2, 2017
CMA CGM, a world leader in maritime transport, is launching the Black Sea Med Express service, which connects the major countries around the Black Sea...
Read More
July 31, 2017
Seaspan Corp.(SSW) reported that its second-quarter net earnings declined to $28.28 million from $36.43 million in the prior year. Earnings per share dropped to $0.11...
Read More
July 31, 2017
Mitsui OSK Lines (MOL) has raised its full year profit forecast for the year ended 31 March 2018 by 20% to JPY12bn ($108.5m) as it...
Read More
