APL bowing out of WTSA

Container carrier APL is quitting the Westbound Transpacific Stabilization Agreement (WTSA), a research…

CMA CGM resolute on September peak season surcharge

CMA CGM reiterated on August 20 that the imposition of the peak…

Wan Hai, MOL merge intra-Asia slings, deploy bigger vessels

Taiwan’s Wan Hai Lines (WHL) and Japan’s Mitsui O.S.K. Lines (MOL) have agreed…

Evergreen Line adds new Far East-Europe loop

Even as overcapacity and weak demand plague this trade lane, Evergreen Line…

NOL appoints former PwC official to board

Neptune Orient Lines (NOL) yesterday named former PricewaterhouseCoopers Singapore Deputy Chairman Quek…

Hapag-Lloyd rates for Far East services to increase

Hapag-Lloyd will implement a series of general rate increases (GRIs) on its…

Hapag-Lloyd trims net loss for Q2

Hapag-Lloyd registered a net loss of US$9 million (EUR7.3 million) in the…

Evergreen Line expanding into Myanmar

Evergreen Line of Taiwan announced a new feeder service into Myanmar, to…

Panama government approves canal toll increases

Following the recommendation from the Board of Directors of the Panama Canal…

Vessels set new record for on-time reliability

Ships’ on-time performance reached a record high of 75.7 percent in the…