Maersk Mc-Kinney Moller dies at age 98

Maersk Mc-Kinney Moller, partner and shipowner of the world’s largest container shipping…

2012 still a year of loss for Maersk Line

Maersk Line, the container shipping arm of Danish oil and shipping conglomerate…

NYK upgrades Asia-Latin America service

Japanese carrier NYK said it is upgrading its weekly Asia-Latin America Express…

Tung is new OOCL chief executive officer

Orient Overseas Container Line (OOCL) announced the appointment of Andy Tung, chief…

Container lines propose new round of US-Asia rate adjustments

Oakland, CA / April 9, 2012 – Container shipping lines in the…

Asia-Europe box rates make second large surge

Container freight rates in the westbound Asia-Europe corridor increased by 28 percent…

Carrier profit uncertain despite successful rate hikes—Drewry

Ocean carriers have successfully implemented a series of general rate increases (GRIs)…

ZIM closes 2011 with $397-M net loss

Zim Integrated Shipping Services ended 2011 in the red, reporting a net…

Maersk plans GRIs on Asia-US cargo

Maersk Line, the world’s biggest shipping container line, announced it will implement…

Hapag-Lloyd to impose freight rate hike on Far East-Europe corridor in May

Germany’s Hapag-Lloyd announced a rate increase of US$400 per 20-foot equivalent unit…