UASC introduces Asia-Southern Red Sea loop

United Arab Shipping Company (UASC) will introduce ARC2, a fixed-day weekly service…

Rate of ship scrappings, delivery deferrals seen to soar

Dismantling of box ships and postponements of newbuild deliveries this year will…

CMA CGM halts revenue erosion with higher box volumes, cost trims

A strong surge in volumes carried and cost savings enabled French box…

Carriers enter into Subic co-loading arrangement; Subic port volume up in Q1

  There is growing interest in the use of Subic container port…

PH Senate bill seeks exemption of cargo transport from carriers’ tax

A bill has been filed in the Philippine Senate seeking to include…

Survey: container shipping sector very confident rates, demand will improve

The shipping industry is currently displaying the highest level of confidence in…

Smaller box carriers forecast to join merger trend

The tie-ups currently occurring among big container shipping lines will prompt smaller…

BOC issues schedule of port dues for assessment purposes at MICT, South Harbor

The Philippine Bureau of Customs (BOC) has released a schedule of cargo-handling…

Zim, CSCL fall deeper into red

Bigger freight volumes could not lift Zim Integrated Shipping’s earnings, as it…

Hapag-Lloyd stems further losses, sees improved prospects

Box carrier Hapag-Lloyd narrowed its loss in 2013 as earnings and volumes…