Hapag-Lloyd Cuts 2014 Forecast on Low Peak Season Freight Rates
Hapag-Lloyd AG revised its full year forecast to a loss as Germany’s biggest container shipping line battles industry overcapacity and freight rates in the
gCaptain’s full coverage of the global container shipping industry.
Hapag-Lloyd AG revised its full year forecast to a loss as Germany’s biggest container shipping line battles industry overcapacity and freight rates in the
The expansion of the Panama Canal reached a significant milestone Wednesday with the arrival of the final shipment of gates for the new
Nils Smedegaard Andersen, the chief executive officer of A.P. Moeller-Maersk A/S, says today’s oil price isn’t a problem for companies with the scope to
A.P. Moeller-Maersk A/S, operator of the world’s biggest container line, said third-quarter profit increased as it cut costs and boosted box
U.S. retailers appealed to President Barack Obama to intervene in contract negotiations between West Coast dockworkers and maritime companies after a work
The decision to abandon the wreckage of the former MV Rena containership from New Zealand’s Astrolabe Reef will head to the country’s top
French container shipping company CMA CGM Group says it will be retrofitting 10 additional vessels with new bulbous bows that are better suited for current
We saw a short clip of this video earlier this month along with a New York Times feature article, “Aboard a Cargo Colossus“, so consider this the
Two large containerships collided Tuesday night at Malaysia’s Port Klang, sparking fires in the forward container stacks of both vessels. The
After years of ending the holiday shopping season with too much merchandise stacked in their warehouses, U.S. retailers face the opposite this year: They may
United Arab Shipping Company (UASC) is on a major expansion drive, investing more than $2 billion in bigger ships and forming alliances with peers to boost
Shipping freight rates for transporting containers from ports in Asia to Northern Europe continued to fall for the sixth consecutive
The 15,500 TEU containership Edith Maersk became the largest ship to navigate up the River Thames this weekend during a call at DP World’s new London
Maersk Line plans to raise freight rates sharply on main routes from ports in Asia to ports in northern
CJ Korea Express Co., the country’s biggest courier delivery company, is considering an acquisition of Neptune Orient Lines Ltd.’s logistics
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 10.2 percent to $738 per 20-foot container (TEU) in the week
The U.S. Federal Maritime Commission (FMC) on Thursday said it has concluded its review of the so-called "2M Alliance", a proposed vessel sharing agreement
Denmark's A.P. Moller-Maersk said on Thursday its shipping alliance with MSC Mediterranean Shipping Co would begin operations in January next year after
A long-awaited harbor deepening project at Georgia's Port of Savannah has cleared its final hurdle with the signing of a final project agreement
Here’s a clip from an interesting article featured on the New York Times website this week about life aboard one of the world’s largest cargo
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