Maersk Line looking at digital booking to cut costs

The Maersk group is eyeing increased digitalization that will see booking with…

2017 seen as year of ‘die-hard competition’ for shipping

Container shipping market conditions improved in 2016 as fleet growth was put…

Yang Ming might be next up for consolidation

Taiwanese container line Yang Ming Marine Transport Corp., the state’s No. 2…

Maersk Line to buy Hamburg Sud

Denmark-based Maersk Line announced on December 1 that it has reached an…

Higher freight rates seen as supply-demand gap improves

Container shipping’s massive supply-demand imbalance is expected to narrow going into 2017,…

Mergers show way out for ‘distressed’ box shipping industry, says study

Further consolidation may be the only cure for the malaise afflicting the…

‘Profound changes’ reshaping shipping industry to the core

The container shipping industry is facing an increasingly deteriorating scenario of supply-demand…