Non-accredited forwarders in PH named

The Philippine Shippers’ Bureau (PSB) recently published a list of non-accredited freight…

OOCL’s revenue grows 11% in Q3

Hong Kong-based Orient Overseas Container Line (OOCL) said it posted revenue of…

Hanjin, Evergreen trim joint China-Europe capacity

Ocean carriers Hanjin Shipping and Evergreen Line plan to reduce capacity on…

PH cargo volume up but freight rates still down

International cargo volume may be inching up in the run-up to Christmas…

Hapag-Lloyd adjusts rates for Asia-Arabian Gulf and Red Sea slings

Hapag-Lloyd will levy new rate hikes on the Far East-Arabian Gulf and…

CMA CGM revamps Asia-Mediterranean network

French ocean carrier CMA CGM said it will remove its Turkey shuttle…

Container lines need further slow steaming, capacity idling to see profit

Profitability for the container shipping industry will remain elusive if carriers refuse…

Maersk Line cuts Asia-Europe capacity anew

After cutting capacity on the Asia-Europe trade early this year, Maersk Line…

Box carriers’ losses ‘self-inflicted’—report

Container ships’ losses in 2011 and continued struggles in 2012 are primarily…

Hapag-Lloyd revises Far East-South America route for winter

Hapag-Lloyd announced the revision of its Asia-South America East Coast (ASE) service…