Moody’s: Shipping industry’s profit to fall 5%-10% in 2013

The global shipping industry will be sailing in rough waters over the…

Maersk Line names first Triple-E box ship

The first of Maersk Line’s ships in the Triple-E series, composed of…

Hapag-Lloyd pushes up Asia freight rates

Hamburg-based Hapag-Lloyd has scheduled general rate increases from East Asia to Latin…

Namsung Shipping upbeat on PH market despite low volume

KOREA-BASED Namsung Shipping Co. Ltd. is optimistic of the Philippine market, but…

CSAV bolsters Galex Sling 1 rotation

Chilean carrier Compañía Sud Americana de Vapores (CSAV) has expanded its Galex…

OOCL, Maersk Line poise Asia trade rate hikes

From July, Hong Kong-based Orient Overseas Container Line (OOCL) and Maersk Line…

Cosco sets July rate, surcharge adjustments for Asia trade

Cosco Container Lines is poised to implement rate hikes, surcharges, and other…

MSC sets GRI, BAF for Far East-West Africa shipments

Geneva-based carrier Mediterranean Shipping Co. (MSC) has revised upward the general rate…

More surplus 8,000-TEU ships bound for Asia-ECSA lane

Ocean carriers’ plan to dump surplus 8,000-TEU vessels on the Asia-South America…

PIL unveils first direct service from Manila to Long Beach

PACIFIC International Lines (PIL), a Singapore-based container carrier, will start a weekly…