• Maersk Line Settles Competition Case with Russia’s FAS

    ​Danish boxship giant Maersk Line has reached an agreement today with the Federal Antimonopoly Service of the Russian Federation (FAS) to settle a competition case regarding Maersk Line and other shipping lines’ use of price announcements to the Russian market....

    2017/02/12 ks 14

  • NRF: Imports at US Container Ports to Grow by 4.6 Pct

    Imports at US major retail container ports are expected to rise by 4.6 percent during the first half of 2017 over the same period last year, shows the new monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates....

    2017/02/12 ks 5

  • CMA CGM Boosts India Middle East – East Africa Links

    French container shipping major CMA CGM has decided to upgrade two weekly services connecting India Middle East Gulf to East Africa, starting from February 20, 2017....

    2017/02/12 ks 28

  • Maersk Line Delays Nine Deliveries, Sinks into Red

    Danish container carrier Maersk Line has decided to postpone the delivery of its nine 14,000 TEU vessels currently under construction with delays between one month and one year....

    2017/02/12 ks 7

  • Hyundai Heavy Ends Year in Black

    Hyundai Heavy Industries (HHI) has reported a net profit of KRW 682.3 billion (USD 596.6 million) for the full year of 2016, returning from a loss of KRW 1.36 trillion (USD 1.18 billion) seen in the full year 2015....

    2017/02/12 ks 4