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OOIL back in black with US$53.6 million H1 profit ahead of Cosco merger, August 08, 2017

HONG KONG'S Orient Overseas (International) Ltd, parent of container line OOCL, has reversed itself from last year's first half net loss of US$56.6 million with a profit of $53.6 million net profit drawn on revenues of $2.89 billion, up 12.8 per cent year on year

Asia-Europe carriers on track for high volumes and profit, August 08, 2017

ASIA-EUROPE carriers expect a much improved year ahead on the back of rising container volume and European economic growth and firmer freight rates that boost profitability

ZIM wins second quarter Asia-Med on-time joust, says SeaIntel, August 08, 2017

ISRAELI flag carrier Zim was named the best performing carrier in the Asia-Mediterranean trade in the second quarter on-time ranking with a score of 97.2 per cent in SeaIntel's on-time report.

Slip in schedule reliability of top 18 global carriers, August 08, 2017

THE top 18 global shipping lines in the second quarter saw global schedule reliability decline 10.4 percentage points from 85 per cent recorded in the corresponding period a year earlier.

Matson quarterly profit up 33pc to US$24 million as revenue rises 9.5pc, August 08, 2017

HONOLULU's Jones Act carrier Matson posted a 33 per cent year-on-year increase in second quarter net profit to US$24 million, drawn on revenues of $512.5 million, which increased 9.5 per cent.

Idle ships to rise to 1 million TEU as newbuilds enter market, August 08, 2017

THE global idle containership fleet stood at 472,995 TEU as of July 24, marking the first time in two years that capacity has fallen below 500,000 TEU.

DSV profit up 122.8pc to US$118 million as revenue rises 7.5pc, August 08, 2017

DANISH forwarding giant DSV's second quarter profit increased 122.8 per cent year on year to DKK742 million (US$118.2 million), drawn on revenues of DKK18.9 billion, up 7.5 per cent.