CMA CGM Stays Positive Despite Third-Quarter Loss
By Mike Wackett (The Loadstar) – CMA CGM reported a $268m net loss in the third quarter, despite efforts to focus on higher-paying cargo, bringing the
gCaptain’s full coverage of the global container shipping industry.
By Mike Wackett (The Loadstar) – CMA CGM reported a $268m net loss in the third quarter, despite efforts to focus on higher-paying cargo, bringing the
By Alexander Whiteman in Rotterdam (The Loadstar) – Repositioning empty containers costs the shipping industry $15-$20bn a year – up to 8% of a
PARIS, Nov 18 (Reuters) – CMA CGM, the world’s third-largest container shipping company, posted on Friday another net loss in the third quarter as
TAIPEI, Nov 16 (Reuters) – Taiwan’s government said on Wednesday it will offer to lend struggling local shippers NT$60 billion ($1.9 billion) at
FRANKFURT, Nov 14 (Reuters) – German container shipping group Hapag-Lloyd reported a rise in third-quarter net profit and said it would press ahead with
By David Fickling (Bloomberg Gadfly) — The past week in commodities markets has been like a trip through the looking glass. Gold generally benefits
By Mike Wackett (The Loadstar) – Maersk Line’s 11 second generation Triple-E class vessels, due to be delivered from April next year through to May
(BIMCO) – Containership demolition reach all time high and provides a positive surprise for the struggling container shipping industry. BIMCO have
By Mike Wackett (The Loadstar). – THE Alliance – Hapag-Lloyd, K Line, MOL, NYK and Yang Ming – have announced their pro-forma east-west tradelane
By Brenda Goh and Faith Hung SHANGHAI/TAIPEI, Nov 7 (Reuters) – Cargo owners are becoming more concerned about risks and are shifting their business to
By Mike Wackett (The Loadstar) – The Ocean Alliance, which next April will be the biggest of the three vessel-sharing alliances, has published its
By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s largest container line says he’s willing to lose money in the short
By Chris Bryant (Bloomberg Gadfly) — It’s hard to think of two more challenged industries than oil and shipping. AP Moller-Maersk A/S’s
By Jacob Gronholt-Pedersen COPENHAGEN, Nov 2 (Reuters) – A.P. Moller-Maersk , the world’s biggest shipping firm, said the container business on
By David Fickling (Bloomberg Gadfly) — A business is rarely more than the sum of its parts. That’s a problem for anyone hoping that combining
By Sam Whelan (TheLoadstar) After the supply chain havoc caused by Hanjin Shipping’s collapse, and with an alliance reshuffle on the horizon, should
By Nikolaj Skydsgaard COPENHAGEN Oct 27 (Reuters) – Container shipping firm Islamic Republic of Iran Shipping Lines (IRISL) expects to have regained by
LONDON/FRANKFURT, Oct 27 (Reuters) – Germany’s HSH Nordbank has arranged a deal which will see six container ships from collapsed South Korean line
COPENHAGEN, Oct 26 (Reuters) – Other container shipping firms may join Hanjin Shipping Co Ltd in receivership before the industry emerges from its
Hanjin’s receivership represents the trough of the container shipping market and despite continuing concerns of weak trade growth and fleet oversupply a
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