NOL confirms ongoing acquisition talks with Maersk, CMA CGM

Neptune Orient Lines Limited (NOL) has confirmed media reports that it is…

Indonesia announces SEZ development under 6th stimulus package

The Indonesian government has identified several special economic zones (SEZs) targeted for…

Maersk Line Q3 profit shrinks as freight rates decline to ‘new historical lows’

Danish oil and shipping conglomerate A.P. Moller-Maersk said it delivered a group…

EU recovery to take ‘modest pace’ in 2016

The European Commission forecasts that economic recovery for the European Union will…

TPP key provisions revealed as full text made available

The full text of the recently concluded Trans-Pacific Partnership (TPP) deal may…

Airfreight carriers register fragile volume improvement

Global airfreight markets showed very modest growth of 1% in September compared…

Maersk Line withdraws more capacity, drops plan to invest in more ships

Danish carrier Maersk Line said it is no longer pushing through with…

Indonesia, Singapore achievements hailed in 2015 prosperity report

The Southeast Asian nation of Indonesia has made the most radical improvements…

Moody’s: container shipping to see small earnings growth from fuel cost savings

Global credit rating agency Moody’s Investors Service has given the global shipping…

Ship operating costs to go up in 2015-2016, says report

Vessel operating costs are expected to rise in both 2015 and 2016,…