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Maritime

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Latest news on shipping and the maritime industry

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

CMA CGM, Hapag-Lloyd announce new rate revisions

CMA CGM announced on March 1 revenue restorations on the Asia-Europe market,…
  • March 2, 2012
  • 2 minute read

OOCL hiking Southeast Asia-Australia rates from April 1

Orient Overseas Container Line (OOCL) is increasing freight rates for traffic from…
  • March 2, 2012
  • 1 minute read

Rickmers-Linie expands China coverage

Rickmers-Linie, the Hamburg-based operator of heavy lift and project liner services, is expanding…
  • March 1, 2012
  • 1 minute read

Fairmount Summit delivers drilling rig Delba III in Brazil

ROTTERDAM — Tug Fairmount Summit has delivered the new build drilling rig…
  • March 1, 2012
  • 1 minute read