CMA CGM reports $361 M profit for 2012

France’s CMA CGM announced a net profit of US$361 million for 2012,…

Port of Tanjung Pelepas hires new CEO

The Port of Tanjung Pelepas (PTP) in Malaysia has named Glen Hilton…

US approves G6 expansion into trans-Pacific trade

The U.S. Federal Maritime Commission (FMC) voted to allow the G6 Alliance…

Void sailings shoring up rates but for how long?

Blanked sailings have boosted average ship usage and freight rates in the…

Maersk Line to set up Myanmar office

Denmark-based Maersk Line and Singapore-headquartered MCC Transport plan to open a branch…

Cathay Pacific’s profit sank 83% in 2012

Hong Kong’s Cathay Pacific reported a profit of HKD916 million (US$118 million)…

Box lines merge SE Asia-Australia trade services

Two consortiums on the Southeast Asia-Australia trade will consolidate their service networks…

Hanjin Shipping expands Indonesia network

South Korea’s largest shipping line, Hanjin Shipping, is introducing new services to…

ASEAN to benefit from open-skies policy

The “Open Skies” policy will bring about real and spill-over benefits to…

Hanjin Logistics stretches network in Vietnam, India

Hanjin Logistics, the logistics arm of Hanjin Shipping, has opened new offices…