Danish shipping giant Maersk Line reported a net profit of USD 584 million in 2017, against a net loss of USD 376 million seen a year earlier.
News ID: 78489 Publish Date : 2018/02/12
South Korea’s recently established SM Line is on the verge of joining the Top 20 of carriers by operated fleet as it continues its second-hand shopping spree, shipping consultancy Drewry informed.
News ID: 76120 Publish Date : 2017/09/06
The hulking container ships that transport sneakers, bananas and Barbie dolls around the world keep getting bigger. So are the companies that own them.
News ID: 75823 Publish Date : 2017/08/24
In an effort to attract major shipping companies, Iran said that it would impose no limitations for liners to revisit the country’s waters as a bilateral relation.
News ID: 72168 Publish Date : 2017/02/07
Switzerland-based Mediterranean Shipping Company (MSC) has upgraded its New Falcon service by providing a direct call at Hamad Port.
News ID: 72005 Publish Date : 2017/01/31
Danish container shipping company Maersk Line has added Iranian Port of Bushehr to its services, expanding its presence in this Middle-Eastern country.
News ID: 71472 Publish Date : 2017/01/09
COSCO Container Lines Co., Ltd. has changed its company name to COSCO Shipping Lines Co., Ltd. (“Our Company”).
News ID: 71325 Publish Date : 2017/01/03
As part of the Maersk’s “new direction” set out by ceo Soren Skou on Tuesday the relationship between Maersk Line and APM Terminals is set to change.
News ID: 70883 Publish Date : 2016/12/15
Taiwan's shipping line s aren't looking quite so young and fresh as they were earlier, reports Bloomberg.
News ID: 70668 Publish Date : 2016/12/06
Container carrier APL will expand its intra-Asia service network with the introduction of a new India East Coast (IEX) service from December.
News ID: 70453 Publish Date : 2016/11/21
Pakistan's Ambassador Stated:
Referring to trade capacity of the two countries, Pakistan's ambassador on a visit to Chabahar stated that execution of joint power and energy projects with the purpose of an increase in Tehran-Islamabad's transactions worth five billion dollars is top of the agenda.
News ID: 70364 Publish Date : 2016/11/17
Mediterranean Shipping Company (MSC) has announced the launch of its sixth service, named SEQUOIA, to West Coast.
News ID: 70308 Publish Date : 2016/11/15
TAIWAN'S Yang Ming Marine posted deeper net losses of T$4.6bn ($144.9m) in the third quarter of 2016 compared with a T$4.2b net loss in the year ago period amid the protracted downturn for container shipping.
News ID: 70174 Publish Date : 2016/11/12
French container shipping giant CMA CGM has upgraded its Moroccan coverage by deploying six services linking the country with Russia, Europe and the Middle East and enhanced its FEMEX service between North Europe and Turkey by adding new ports of call.
News ID: 70089 Publish Date : 2016/11/10
CMA CGM is set to establish a training facility in Singapore for senior staff across Asia, the company has confirmed.
News ID: 69964 Publish Date : 2016/11/01
The cost of restructuring the debts of South Korea’s shipping and shipbuilding industries is estimated to be at a staggering KRW31trn ($27.3bn), according to a recent report by the International Monetary Fund (IMF).
News ID: 69795 Publish Date : 2016/10/24
Miami-based cruise ship company Carnival Cruise Line has signed an agreement under which it would nearly triple the size of the Long Beach Cruise Terminal facility from 66,000 square feet to 142,000 square feet to accommodate larger ships in the future.
News ID: 69639 Publish Date : 2016/10/23
MSC India:
MSC India is celebrating winning an award at a prestigious trade event. The agency took the prize for Container Shipping Line of the Year India - Europe Trade Lane in the 7th All India Maritime and Logistics Awards.
News ID: 69436 Publish Date : 2016/10/09
Taiwanese container carrier Evergreen Line has partnered up with China’s shipping firm COSCO in operating a joint Adriatic – Israel (AIS) Service.
News ID: 69378 Publish Date : 2016/10/05
K Line, issued a statement on Friday to dismiss a rumor that the Japanese shipping giant will file for bankruptcy protection following the collapse of Hanjin Shipping.
News ID: 69139 Publish Date : 2016/09/26