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  • 03-31
    2019

    Maersk is extremely pessimistic about the shipping market this year

    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 …

    2019/
    03-31
  • 03-29
    2019

    Yang Ming suffers US$213.7 million loss, though volume up 11pc

    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…

    2019/
    03-29
  • 03-28
    2019

    HMM names Jae-hoon Bae new CEO - without mentioning predecessor

    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…

    2019/
    03-28
  • 03-25
    2019

    OOCL net profit for 2018 was $108 million

    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…

    2019/
    03-25
  • 03-23
    2019

    CMA CGM orders ten 15,000-TEUers, half LNG, half scrubbers

    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…

    2019/
    03-23
  • 03-18
    2019

    Fuzhou Port increases 11.2% Of Throughput

    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…

    2019/
    03-18
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