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Maritime

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Latest news on shipping and the maritime industry

Container lines propose new round of US-Asia rate adjustments

Oakland, CA / April 9, 2012 – Container shipping lines in the…
  • April 10, 2012
  • 1 minute read

Asia-Europe box rates make second large surge

Container freight rates in the westbound Asia-Europe corridor increased by 28 percent…
  • April 9, 2012
  • 1 minute read

Carrier profit uncertain despite successful rate hikes—Drewry

Ocean carriers have successfully implemented a series of general rate increases (GRIs)…
  • April 4, 2012
  • 2 minute read

ZIM closes 2011 with $397-M net loss

Zim Integrated Shipping Services ended 2011 in the red, reporting a net…
  • April 2, 2012
  • 2 minute read

Maersk plans GRIs on Asia-US cargo

Maersk Line, the world’s biggest shipping container line, announced it will implement…
  • April 2, 2012
  • 1 minute read

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…
  • March 30, 2012
  • 1 minute read

Vietnam shipping sector facing bleak future?

Vietnamese shipping lines have been losing out to international rivals in recent…
  • March 30, 2012
  • 1 minute read

Cebu 2011 cargo throughput up 5.4%

Philippine ports under the Cebu Port Authority (CPA) registered a throughput of…
  • March 29, 2012
  • 2 minute read

Maersk CEO goes on extended sick leave

A.P. Moller-Maersk, the Danish shipping and energy conglomerate, said CEO Nils Smedegaard…
  • March 28, 2012
  • 1 minute read

MOL beefs up Asia-South Africa service

Mitsui O.S.K. Lines (MOL) announced on March 27 two enhancements to its…
  • March 28, 2012
  • 1 minute read