Container Shipping

At the outset, this might appear as a setback for the fledgling company. But on a cash-flow basis, the company has fared much better or, to be exact, less

(Bloomberg) — Japanese shipping lines, buffeted by a decline in freight rates, are set to get a more than $500 million boost to their earnings from a

KIEL, Germany, April 8 (Reuters) – The city of Hamburg wants shippers Hapag-Lloyd and Hamburg Süd to resume merger talks so that they stand a better

SANTIAGO, April 4 (Reuters) – Chilean shipper Compania Sud Americana de Vapores said it would spend $570 million to purchase seven container ships and

Talks of a merger between Germany’s largest container shipping companies have been suspended because terms of a deal could not be reached. Oetker Group,

By Joe Bavier ABIDJAN, March 23 (Reuters) – Ivory Coast has named a consortium of French industrial groups Bollore and Bouygues and Denmark’s

(Bloomberg) — A.P. Moeller-Maersk A/S, the world’s largest container line, fell the most in four days in Copenhagen as freight rates out of China

This timelapse, produced by Discovery Channel and Maersk Line, shows the construction of Maersk Line’s first Triple-E containership at the DSME

By Ari Rabinovitch JERUSALEM, March 21 (Reuters) – Israeli shipping company Zim shrugged off a 58 percent increase in fourth-quarter losses by pointing

Israeli container shipping line, ZIM, said Tuesday that it has reached an agreement with Samsung Heavy Industries of South Korea to cancel five newbuildings

A containership identified as the MV GUANG YANG XIN GANG capsized and sank off the eastern coast of China on Monday, killing as many as 13 crewmembers. The

FRANKFURT, March 19 (Reuters) – German shipping company Hapag-Lloyd posted higher losses for 2012 due to unexpectedly low cargo volumes as a result of

Kawasaki Kisen Kaisha Ltd, more commonly known as “K” Line, said Monday that it has placed an order for five eco-friendly Ultra Large Container

The burned out MSC Flaminia has left the Jade-Weser Port in Wilhelmshaven, Germany and is sailing under its own power to a repair yard in Romania where it will

(Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in 10 days in Copenhagen trading after freight

At 396-meters long and weighing in at a 250,000 tonnes, you’d think that having to do an emergency tow of the world’s largest containership would

COPENHAGEN, March 12 (Reuters) – The world’s biggest container shipping company Maersk Line and its rivals are expected to fail in an attempt on

(Bloomberg) — Maersk Line, the world’s biggest container shipping company, will stop plying through the Panama Canal to move goods from Asia to the

FRANKFURT, March 8 (Reuters) – Hapag-Lloyd co-owner Klaus-Michael Kuehne wants the container shipping group’s prospective merger partner

(Bloomberg) — Europe-to-Asia freight rates will defy a decline in the other direction this year as exports heading east grow faster than imports, helping