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Latest news on shipping and the maritime industry

CMA CGM chalks up Q3 profit, revenue

France’s CMA CGM announced a net profit of US$371 million in the…
  • November 23, 2012
  • 1 minute read

2GO Group loss widens

2GO Group, the Philippines’ largest domestic vessel operator, widened its net loss…
  • November 22, 2012
  • 1 minute read

Lorenzo Shipping income down 11%

Philippine publicly-listed cargo carrier Lorenzo Shipping Corp (LSC) posted a net income…
  • November 22, 2012
  • 1 minute read

More box ships to levy rate hikes, surcharges over next 2 months

Sea carriers continue to set their rate restoration and surcharge imposition plans…
  • November 21, 2012
  • 2 minute read

Rate hikes eyed for Far East westbound cargo

Hapag-Lloyd said it will increase rates for the Far East westbound trade…
  • November 19, 2012
  • 1 minute read

Asia-US lines put off implementation of dry cargo rate hike

Container lines serving the trade from Asia to the U.S. will implement…
  • November 18, 2012
  • 1 minute read

Hapag-Lloyd improves profit, revenue in Q3

Freight rates, revenue, and results in the third quarter all went up…
  • November 14, 2012
  • 2 minute read

PH import volume up but exports down in Jan-Sept

Import shipments carried by foreign shipping lines operating in the Philippines improved…
  • November 13, 2012
  • 1 minute read

Davao seeing more vessel services but not where it counts

Vessels are slowly returning to Davao, about 960 kilometers from the Philippine…
  • November 13, 2012
  • 1 minute read

Maersk Line posts nearly $500-M profit for Q3

Denmark-based Maersk Line reported a profit of US$498 million in the third…
  • November 12, 2012
  • 2 minute read