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Maersk Line back in black, but APMT and Damco lag and drag, November 09, 2017

DENMARK's Maersk Line posted a third quarter net profit of US$220 million, reversing last year's quarterly loss of $122 million. This year's result was drawn on revenues of $6.1 billion, which increased 14 per cent

CMA CGM ups Asia rates to Europe, Africa, South America November 15, November 09, 2017

FRENCH shipping giant CMA CGM has announced a new set of rate increases from Asia to north Europe, North Africa, east coast South America to be implemented November 15.

CMA CGM first to power its future 22,000-TEUers with LNG engines, November 09, 2017

FRENCH shipping giant CMA CGM has announced that it will equip its nine 22,000-TEU with liquefied natural gas fuelled engines.

PIL takes in two 11,800-TEU newbuilds for a China-Long Beach shuttle, November 09, 2017

IF COSCO Shipping attains three million TEU in fleet size by the end of 2018, it will then displace French shipping giant CMA CGM for the No 3 spot in global shipping league tables, said Paris-based container analyst Alphaliner.

Cosco Shipping Ports signs container freight station deal in Abu Dhabi, November 09, 2017

COSCO Shipping Ports will lease a container freight station (CFS) at the site of the new CSP Abu Dhabi terminal, which is slated for completion by 2019.

Carrier bulk slot sales to co-loaders said to undermine contract rates, November 09, 2017

SELLING slots to resellers - or co-loaders - is fuelling rate volatility that threatens long-term contracts between carriers and shippers, notes IHS Media.

Hutchison Ports officially opens new terminal at Saqr, UAE, November 09, 2017

HUTCHISON Ports has held a ceremony to celebrate the official opening of its new terminal at Saqr port in the emirate of Ras Al Khaimah (RAK), located in northern United Arab Emirates (UAE). The terminal will operate under the name of Hutchison Ports RAK.

Cosco to build mega container freight station at Khalifa port UAE, November 09, 2017

THE UAE's Abu Dhabi Ports and China Cosco Shipping Ports (CSP) have signed an agreement to develop a container freight station (CFS) at Khalifa Port.

Dachser relocates Chennai branch to KRM Plaza to fuel growth, November 09, 2017

DACHSER India has relocated its Chennai branch to the modern KRM Plaza to facilitate the company's growth and development. The centrally located premises offer improved road, rail and airfreight connectivity.

Bigger Asia-Europe box ships stoke fears of low freight rates to come, November 09, 2017

THERE are concerns that the ongoing trend of operating ever-larger containerships on the Asia-Europe trades to reduce transport costs will keep the lid on freight rate growth