The world's shipping lines risk bankruptcy and will have to shed assets in order to stay afloat. The outlook for the global container shipping industry remains challenging for the remainder of 2015,
During the recent CMA Shipping 2015 conference in Stamford, Connecticut, ABS Chairman and CEO Christopher J. Wiernicki provided the conference's keynote address
U.K.-based Marine Software Ltd recently supplied the Ports of Auckland with the MPMWin (Marine Planned Maintenance system) for a range of harbor towage vessels.
Global air freight volumes rose 11.7 percent year-on-year in February, driven by the Chinese New Year, the International Air Transport Association said on Wednesday.
Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, recently
MOL President, President, Koichi Muto reported that the performance of the company was slack.
Muto reported, "I am sad to report that our business performance fell short,
Ahrenkiel Steamship GmbH & Co. KG and Radio Holland Germany GmbH, part of Imtech Marine, have agreed a long-term maintenance agreement for the entire Ahrenkiel Steamship fleet,
Seaspan Corporation announced today that it accepted delivery of a 10000 TEU containership, the MOL Beacon. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co.
Orient Overseas (International) Ltd. has placed a new order for six mega 20,000 teu container ships from South Korean shipbuilder Samsung Heavy Industries Co. for US$951.
Asian container operator Wan Hai Lines Ltd sees 2014 profit jump as revenue grows faster than costs.
The Taiwanese container carrier recorded a profit of TWD5.
Overall confidence levels in the shipping industry fell to their lowest level for two-and-a-half years in February 2015, according to the latest Shipping Confidence
Klein Systems Group Ltd. announced today that it has entered into an agreement to install the KleinPort Port Management Information System at Port Saint John, New Brunswick.
Direct ChassisLink, Inc. (DCLI) has announced the appointment of Mr. Jeremy Haycock to the position of Senior Vice President and Chief Marketing Officer, effective April 15, 2015.
CaroTrans has announced the addition of an expedited Le Havre, France to Charleston LCL import service.
This is the only direct, weekly Le Havre to Charleston LCL service available in the market.
Mitsui O.S.K. Lines, Ltd. today announced the appointment of a new chairman and president.
Current President and Representative Director Koichi Muto will assume
Effective 27 March 2015, Hamburg Süd has taken over the container liner activities of Compañía Chilena de Navegación Interoceánica S.A. (CCNI) including the related
MSC Oliver was inaugurated at the DSME shipyard in Busan, South Korea, just two months after the delivery of MSC OSCAR.
This week, it was the turn of Oscar’s cousin,
French container line operator CMA CGM has announced that its 2014 net consolidated profits rose by 43% over the previous year to USD584 million thanks to a growth
Shipowners that charter out container ships to liner operators are hopeful that 2016 will bring increased demand and higher charter rates for containerships, JoC reports.
Even though shipping is a global industry, ownership is fairly well concentrated in a relatively small number of major centres, says a research from Clarksons.