CMA CGM Said in Talks to Buy Singapore’s Neptune Orient Lines
(Bloomberg) — France’s CMA CGM SA is in talks to acquire Singapore container shipping company Neptune Orient Lines Ltd., as majority owner
gCaptain’s full coverage of the global container shipping industry.
(Bloomberg) — France’s CMA CGM SA is in talks to acquire Singapore container shipping company Neptune Orient Lines Ltd., as majority owner
By Arno Schuetze FRANKFURT, Nov 6 (Reuters) – Shares in Hapag-Lloyd hovered around their issue price in their stock market debut as investors gave
By Mike Wackett, The Loadstar Maersk Line’s decision last week to lay-up one of its 18,000 teu flagships is “good news for the industry”, Drewry
By Sabina Zawadzki COPENHAGEN, Nov 4 (Reuters) – Maersk Line, the world’s largest container shipping company, said on Wednesday it will
A unit of China Shipping Container Lines (CSCL) has entered into bareboat charter agreements for the leasing of six ultra-large containerships with a
By Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG adjusted its initial public offering plan for the third time this month, potentially depriving
By Mike Wackett, The Loadstar The withdrawal of services during the winter slack season will, in the next few weeks, propel laid-up cellular capacity past the
By Mike Wackett, The Loadstar Drewry has almost halved its global growth forecast for container shipping this year, down to 2.2% from 4.3%, and its
FRANKFURT, Oct 27 (Reuters) – German container shipping group Hapag-Lloyd is postponing its stock market debut by a week after investors turned
By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk cut its profit forecast for 2015 citing a weaker container shipping market as the outlook
By Jonathan Saul LONDON, Oct 23 (Reuters) – London’s Baltic Exchange and Chinese state-owned Ningbo Shipping Exchange said on Friday they
COPENHAGEN, Oct 20 (Reuters) – The world’s largest container shipping company, Maersk Line, plans to raise spot freight rates sharply on
GENEVA, Oct 14 (Reuters) – Shipping mergers are leaving an increasing number of countries serviced by too few suppliers to ensure a competitive
FRANKFURT, Oct 14 (Reuters) – Container shipping group Hapag-Lloyd trimmed its initial public offering (IPO) amid wobbly markets on Wednesday,
The Port of Long Beach last month achieved its busiest September ever, closing out a record quarter in the port’s 104-year history. Measured by
The Triple-E containership Madison Maersk leaves the Port of Rotterdam carrying 17,152 TEU – a record according to Maersk. Maersk says the vessel also
SHANGHAI, Oct 12 (Reuters) – Asian shipping lines including Japan’s Kawasaki Kisen Kaisha and China Shipping Container Lines have
By Mike Wackett, The Loadstar The era of global slow-steaming by container lines could be about to end with the recent announcement of improved transit
By Yaacov Benmeleh (Bloomberg) — Zim Integrated Shipping Services Ltd., a marine transportation company, hired Bank of America Corp.’s Merrill
By Gavin van Marle, The Loadstar The second panamax containership to undergo innovative “widening” conversion is set to return to the water next
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