Maersk CEO on 2012: “Optimistic That We Can Achieve a Small Profit”
COPENHAGEN (Dow Jones)–Danish oil and shipping conglomerate A.P. Moller-Maersk A/S is increasingly optimistic that its container-shipping arm Maersk
COPENHAGEN (Dow Jones)–Danish oil and shipping conglomerate A.P. Moller-Maersk A/S is increasingly optimistic that its container-shipping arm Maersk
A sudden blast aboard an MSC containership off the coast of Puerto Rico forced crew to spring into action to stem the influx of water and stabilize the vessel,
SANTIAGO -(Dow Jones)- Chilean shipper Compania Sudamericana de Vapores SA‘s (VAPORES.SN) first-quarter loss widened to $205 million compared with a
Successful start: On her maiden voyage to Hamburg, the Hyundai Together was the first ship with a carrying capacity of 13,000 standard containers (TEU) to be
-By Can Fidan, MTS Logistics As we all know, the current situation in the shipping world is that there is a large lack of demand against the current overall
FRANKFURT (Dow Jones)–German shipping group Hapag-Lloyd said Friday it has increased freight rates for all cargo and container types between Europe and
SINGAPORE (Dow Jones)– Greek shipping company Costamare Inc. (CMRE) will probably continue to grow through new builds and acquisitions and it remains
SINGAPORE (Dow Jones)–The G6 alliance of container shipping firms, which includes Singapore-listed Neptune Orient Lines Ltd.’s (N03.SG) APL
Costamare Inc. (NYSE: CMRE), an Athens-based owner and charterer of containerships announced today that it has agreed to sell two 1984-built containerships,
If you’re in Bremerhaven, Germany and were expecting a container shipment from Port Said on board the Gerd Maersk, it’s going to be delayed…
HONG KONG (Dow Jones)–Orient Overseas (International) Ltd. (0316.HK) plans to further raise rates for container shipments on the North Europe to Asia
A long and active life has come to an end, and Denmark has lost one of the few truly international businessmen that this country has produced. For more than
Empty containers are expensive | Every year Maersk Line spends nearly USD $1 billion related to the shipping of more than 4 million empty dry and reefer
HONG KONG -(Dow Jones)- Orient Overseas (International) Ltd. (0316.HK) plans to raise rates for container shipments between Asia and Australia from April 15,
HONG KONG (Dow Jones)–Orient Overseas (International) Ltd. (0316.HK) said Monday it expects trading conditions in 2012 to remain tough as high fuel costs
– By Feray Yuksekbas Kavas, Sales Executive, MTS Logistics What if I told you that there is a great option to travel other than flying, for those of
SINGAPORE (Dow Jones)–Singapore’s Neptune Orient Lines Ltd. (N03.SG) on Wednesday reported a fourth consecutive quarter of losses and said it is
Oversupply of container vessels operating on the Asia – Europe trade lane has pushed Maersk Line’s container freight rates to unsustainably low
According to Forbes, the net worth of Evergreen’s Founder and Group Chairman, Chang Yung-fa, is in the range of $1.6 Billion, and he is listed number 782
As part of this agreement with CSCL and UASC, CMA CGM announces the reorganisation of its CIMEX 1 service on the Asia-Middle East market as from February 2nd
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