CSCL In $750 Million Buying Spree
HONG KONG (Dow Jones)–China Shipping Container Lines Ltd. (2866.HK) said Friday it entered in deals worth US$754.2 million to buy eight new container
gCaptain’s full coverage of the global container shipping industry.
HONG KONG (Dow Jones)–China Shipping Container Lines Ltd. (2866.HK) said Friday it entered in deals worth US$754.2 million to buy eight new container
Horizon Lines today said it plans on slashing its trans-Pacific container service, Five Star Express (FSX), between the U.S. West Coast, Guam and China
COPENHAGEN (Dow Jones)–The world’s largest container shipping company Maersk Line is stepping up the price competition on Asia-Europe routes in an
The World Shipping Council (WSC) added some new members to its Board of Directors at a membership meeting held in Seoul last week. WSC says its members have
Citing sustained high fuel prices, downward rate pressure and overcapacity in the Transpacific trade, Matson announced today that it is discontinuing in late
MSC BRUXELLES entering the Port of Charleston. Photo courtesy Port of Charleston Charleston, SC – South Carolina welcomed the largest container ship to
HANJIN GERMANY, owned by Danaos Corporation and chartered to Hanjin Shipping. Photo courtesy Yorkshire’s Finest via Flickr Shipping magnate John Coustas
Confidence dips to two-year low as concern mounts over rising fuel costs and overtonnaging The latest Shipping confidence survey from accountant and shipping
MOSCOW (Dow Jones)–Danish shipping giant A.P. Moller-Maersk A/S (MAERSK-B.KO) is likely to exercise an option to order ten large container ships from
Today, Maersk Line CEO, Eivind Kolding, addressed the container shipping and logistics industry as the keynote speaker at the TOC conference in Antwerp,
The CMA CGM Group has christened the new CMA CGM TITAN, an giant 11,400teu container ship at the Dunkirk Terminal in France. The vessel, built at Hyunday
Starting in April CMA CGM Group, the world’s third largest container shipping company, will make available an ‘eco-calculator’ to help its
Drewry’s latest Container Forecaster analysis questions carriers financial prudence as they go back to their old modus operandi of chasing market share
The Journal of Commerce has just released it’s rankings of the Top 40 Container Lines by import and export volumes based on data from the first nine
The Container Shipping Information Service recently launched its new website shipsandboxes.com to provide information to the public, businesses and media on
For those curious how the editors at gCaptain research maritime incidents like the Cosco Busan’s allision with San Francisco’s Bay Bridge, here are
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