Asia-Europe carriers incurring record loss for every container

Shipping lines lose a record US$141 for every container they ferry to…

Hanjin trims net loss in third quarter as volume expands

Hanjin Shipping cut its net loss by nearly 69 percent to KRW85.9…

PH shippers to Europe get more options with Daily Maersk

Maersk Line’s Daily Maersk service was formally launched last week. Ulf Kreutzfeldt,…

Poor North Port facilities disappoint PH carriers

PHILIPPINE shipping lines continue to endure poor facilities at the North Port—formerly…

Strong currency cuts Panalpina profit by 7%

Freight and logistics firm Panalpina Group reported strong results for the third…

“K” Line launches direct service from Korea to Philippines and Indonesia

Japan-based carrier Kawasaki Kisen Kaisha, Ltd (“K” Line) has added a new…

NOL Group suffers $91 million net loss in 3Q11

NOL Group announced a net loss of US$91 million for the third…

Evergreen splits intra-Asia service into 2 loops

Evergreen Line said it will realign its fleet deployment and launch new…

APL advisory: branch offices in Thailand remain open

APL, the container shipping unit of the NOL Group, released a customer…

MOL revises performance forecast for FY2011

Japanese ocean carrier Mitsui O.S.K. Lines (MOL) today revised downward its consolidated…