Container Shipping

JERUSALEM, Dec 15 (Reuters) – Standard & Poor’s Maalot lowered its rating for Israeli shipping firm Zim to “CC” from

By Mike Wackett The G6 Alliance’s plan to expand its scope on transpacific and transatlantic trade lanes is scheduled to be approved on January 16,

United Arab Shipping Company (UASC) has announced today plans to retrofit its future fleet of ultra-large (14,000 – 18,000 TEU) containerships with

By Gavin van Marle in Dubai Ports in the Gulf region need to prepare for much larger vessel sizes as a result of the cascading effect taking place as

HAMBURG, Dec 9 (Reuters) – German shipping company Hapag-Lloyd’s merger talks with Chile’s Vapores may herald further deals with other peers,

Talks are focused on whether “a possible business combination or any other form of association would be of mutual interest,” Hamburg-based

John Cota, the former San Francisco pilot who infamously crashed the M/V Cosco Busan into the San Francisco-Oakland Bay Bridge on a typical foggy morning in

New Zealand's maritime safety authority, Maritime New Zealand (MNZ), has been put under the microscope for their response to the October 2011 MV Rena

The members of the G6– a merger of the New World and Grand Alliances – have announced plans to go head-to-head with the P3 network by expanding

Cia. Sud Americana de Vapores SA surged the most in more than a year after Die Welt newspaper reported that Latin America’s largest container shipper is

By Gavin van Marle The 14 container lines subject to the latest EC anti-trust investigation are Maersk, CMA CGM, MSC, China Shipping, Cosco, Evergreen,

Samsung Heavy Industries has won a KRW 447.6 billion ($421.53 million) order for five containerships from an unnamed Asian shipowner according to a regulatory

Crowley Maritime Corporation on Monday announced that it has placed groundbreaking order for a pair of LNG-powered combination container-Ro/Ro, becoming the

MOL SHIP MANAGEMENT increases FleetBroadband usage to 6-gigabyte data plan for 100

EU regulators will investigate whether 14 of the world's major container shipping companies, including world No. 1 A.P. Moller-Maersk and No. 2 MSC, have been

Container shipping lines have agreed to raise Asia-U.S. freight rates in two stages in an effort to halt current losses. "The central truth in this market is

The legendary Singapore-based ABS surveyor Sean "Danger" McKay Holt draws similarities to the design of the Imperial AT-AT Walkers from Star Wars' Empire

By Mike Wackett The success of Maersk Line in cutting its unit cost by a massive $390 per 40ft unit in the third quarter was the silver bullet that

By Niklas Magnusson Nov. 14 (Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, said the shipping industry must

A.P. Moeller-Maersk A/S’s container- shipping line, the world’s largest, reported an 11 percent increase in third-quarter profit after cost cuts