Investors Optimistic on Rising Freight Rates, Maersk Shares Rally
A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in six weeks in Copenhagen trading on bets a deal on the U.S. budget
gCaptain’s full coverage of the global container shipping industry.
A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in six weeks in Copenhagen trading on bets a deal on the U.S. budget
By Scott Hamilton European container-shipping operators such as A.P. Moeller-Maersk A/S may benefit little from higher volumes next year as carrier lines
Julie Cruz TUI AG rose in Frankfurt after its shipping unit Hapag-Lloyd said it is discussing a possible merger with Hamburg Sud. TUI shares advanced as much
By Ivana Sekularac ZEEBRUGGE, Belgium – CMA CGM, the world’s third-largest container group, plans to list shares on the Paris Stock Exchange to get
On December 12, 2012, aka 121212, the world’s largest containership by teu capacity, CMA CGM Marco Polo, called on the port of Hamburg, marking the
Scary moments again off the coast of the Netherlands- this time on Sunday night, when the 170-meter M/V Ocean Victory cargo ship lost propulsion and was
The CMA CGM Marco Polo, now the world’s largest containership, arrived in Southampton on Sunday loaded with containers from China, officially marking
By Marc Levinson (Bloomberg) — Striking clerks at the nation’s largest port complex, in Southern California, agreed to return to work on Dec. 5,
General Dynamics NASSCO announced today the signing of a historic a contract with TOTE, Inc. calling for the design and construction of up to five 3,100 TEU
The world’s largest containership, CMA CGM’s M/V Marco Polo transited the Suez Canal over the weekend while on her maiden voyage from the Far East
Not to be outdone by their friends in Hong Kong, Los Angeles-based investment management firm, Oaktree Capital, and the Rickmers Group have joined forces
(Bloomberg) — Carlyle Group LP and Tiger Group Investments’ ship fund is in talks about financing new vessels with five container lines as higher
(Bloomberg) — Zim Integrated Shipping Services Ltd. said the Israeli government’s reluctance to allow the container line to be split is frustrating
[vimeo]http://vimeo.com/32515225[/vimeo] – By Tom Stitt Is it time for Marc Levinson to publish a sequel to The Box, his classic story of how the
0727 GMT 21 November [Dow Jones] STOCK CALL: A.P. Moller-Maersk‘s plan to move away from the shipping segment to focus investment in other businesses,
A 278-meter containership had to be refloated Wednesday from a sandy bank near Prince Rupert Harbour, BC after running aground as it maneuvered around a small
HONG KONG–China Shipping Container Lines Co. (2866.HK), or CSCL, plans to sell a fifth of its shipping containers for US$358.6 million to raise cash and
(Bloomberg) — Maersk Line, the world’s biggest operator of container ships, expects rates to rise on trans-Pacific routes next month because of an
At 396 meters and the capacity to hold an astonishing 16,020 TEUs, the CMA CGM Marco Polo is now officially the world’s largest containership. The
(Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container shipping line, is betting that China will evolve into a consumer
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