Maersk, the industry giant, has disappointed in seven of its last ten financial reports and seems a bit pessimistic after a series of disappointing market hits. Maersk set itself a very low target in …
TAIWAN's Yang Ming Marine Transport Corporation posted a 2018 net loss for 2018 of TWD6.59 billion (US$213.7 million), drawn on revenues of TWD141.83 billion, up 8.21 per cent year on year. Resul…
KOREA's Hyundai Merchant Marine has announced that its board of directors had approved the appointment of Jae-hoon Bae as president and CEO. The announcement does not mention former chief executi…
It is learned that on March 25, oocl held a performance conference in Hong Kong. According to the financial report, for the year ending December 31, 2018, the company achieved an income of $6.573 bill…
FRENCH shipping giant CMA CGM has revealed it has ordered 10 new containerships, each with 15,000-TEU capacity, from China State Shipbuilding Corp (CSSC). Five will be fitted with scrubbers and f…
Learned from Fujian province transportation hall,in the first quarter of this year the province's coastal port cargo throughputof 114 million tons, up 11.2% from a year earlier.According to statistics…