CSAV posts Q3 loss, mulls sale of boxline operations

Chilean Compañía Sud Americana de Vapores or CSAV is considering selling its…

Zim hit with $66-M loss in third quarter

Israel-based Zim Integrated Shipping Services has suffered a $66 million loss in…

MISC quits container shipping after $789-M loss

MISC Bhd has announced its departure from the container shipping business after…

Maersk to hike rates on Asia-Caribbean and Latin America routes

Maersk Line will implement a number of general rate increases (GRI) and…

Maersk merges ICON and ‘Daily Maersk’ services

Maersk Line announced on November 25, 2011 that it will merge the…

PH economic body cites three concerns threatening maritime sector

The Philippine National Economic and Development Authority (NEDA) has identified safety, overlapping…

SuperFerry resumes passenger and cargo operations

SuperFerry has resumed operations after a brief suspension meted out by the…

ATSCI pares down losses

PHILIPPINE shipping line ATS Consolidated, Inc. (ATSCI) posted a net loss of…

Specialized foreign vessels to soon service PH gas project

The Philippine Maritime Industry Authority (Marina) will soon allow special-purpose foreign-flag vessels…

Currency swings slash Hapag-Lloyd’s profit by 13%

Wide currency fluctuations due to the debt crisis in Europe ate into…