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Maritime

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Latest news on shipping and the maritime industry

ICTSI eyes stake in Pakistan port

Philippine-based port operator International Container Terminal Services, Inc (ICTSI) has expressed interest…
  • March 14, 2012
  • 1 minute read

CKYH, Evergreen outline 12 joint Asia-Europe routes

The four-carrier alliance CKYH (Cosco, “K” Line, Yang Ming, and Hanjin) and…
  • March 14, 2012
  • 2 minute read

OOIL profit down 90 percent to $181 million

Orient Overseas (International) Limited (OOIL) announced a profit for 2011 of US$181.6…
  • March 14, 2012
  • 2 minute read

MCC revises Shanghai 1 service

Intra-Asia trade specialist MCC Transport, based in Singapore, is revising its Shanghai…
  • March 12, 2012
  • 1 minute read

MOL links up with RCL on new Singapore-Yangon loop

Japan’s Mitsui O.S.K. Lines (MOL) announced the opening of the new route…
  • March 12, 2012
  • 1 minute read

CMA CGM swings to net loss of $30 million

CMA CGM, the world’s third largest container shipping group, reported a net…
  • March 9, 2012
  • 2 minute read

Maersk Line aims to focus on profitability

Maersk Line said it has acquired its desired market share in the…
  • March 7, 2012
  • 1 minute read

PH shipping lines to collect 32% more bunker surcharge starting Mar 16

PHILIPPINE cargo carriers will impose a 31.91% hike in their bunker surcharge…
  • March 6, 2012
  • 1 minute read

Hanjin slates another Asia-Europe rate boost

South Korea’s Hanjin Shipping announced a second round of box rate hikes…
  • March 5, 2012
  • 1 minute read

World Container Index shows 114% rise in Asia-Europe box rate

The March 1 Shanghai-to-Rotterdam container freight rate assessment from the World Container…
  • March 5, 2012
  • 2 minute read