Container Shipping

By Mike Wackett (The Loadstar) – Zim Integrated Shipping Services recorded a $74m net loss in the second quarter of the year. This compares with a $23m

By David Fickling (Bloomberg Gadfly) — A strange thing is happening in China’s state-owned marine transport industry. The government shook up its

By Jeremy Wagstaff SINGAPORE, Sept 29 (Reuters) – The global shipping industry, ravaged by collapsing revenues, defensive mergers and the failure of

By Liezel Hill (Bloomberg) — South Africa’s Competition Commission searched the premises of six shipping companies including AP Moeller-Maersk A/S as

By Brenda Goh SHANGHAI, Sept 26 (Reuters) – For Captain Dick S. Danielsen, the childhood dream has been to sail the world’s biggest ships. The

By Tiffany Kary (Bloomberg) — Hanjin Shipping Co. and its customers are being asked to pay more than usual to bring freight into U.S. ports,

By Jacob Gronholt-Pedersen COPENHAGEN, Sept 22 (Reuters) – The world’s biggest shipping firm, A.P. Moller-Maersk, set a new course on Thursday that

By Kyunghee Park (Bloomberg) — The South Korean court overseeing the receivership application of Hanjin Shipping Co. said the stranded vessels of

By Joyce Lee SEOUL, Sept 21 (Reuters) – The largest shareholder of Hanjin Shipping Ltd agreed on Wednesday to lend 60 billion won ($53.96 million) to

ABIDJAN, Sept 20 (Reuters) – CMA CGM will look at opportunities in container shipping triggered by the collapse of South Korea’s Hanjin Shipping,

By Mike Wackett (The Loadstar) – The container market has been “turned on its head” by the collapse of Hanjin Shipping, according to Oslo-based ocean

By Jonathan Saul and Andreas Kröner LONDON/FRANKFURT, Sept 15 (Reuters) – German banks are struggling to recoup tens of billions of dollars of loans as

By Justin Fox (Bloomberg View) — It was always going to be tough for the world’s container shipping lines — accustomed to decade after decade

By Brenda Goh and Keith Wallis SHANGHAI/SINGAPORE, Sept 14 (Reuters) – Three ships chartered to Hanjin Shipping Co Ltd have been sold and two more

By Rishaad Salamat and Kyunghee Park (Bloomberg) — The fall of South Korea’s biggest container line Hanjin Shipping Co. is similar to the 2008

By Christine Kim and Cynthia Kim SEOUL, Sept 13 (Reuters) – The South Korean government, long a bastion of support for the country’s big

By Nick Carey CHICAGO, Sept 12 (Reuters) – Following the collapse of Hanjin Shipping Co Ltd, container shipping rates from Asia to the United States

By Christian Wienberg (Bloomberg) — Maersk Line, the world’s largest container shipping company, is seeing a short-term rise in freight rates and an

By Justin Fox (Bloomberg View) — For the first time since early 2014, the dollar value of goods imported and exported by the G20 countries actually grew

By David Fickling and Rani Molla (Bloomberg Gadfly) — Here’s some good news for the hard-pressed shipping industry: Of the top 15 container lines