Wartsila and Jiangsu Rongsheng Heavy Industries Group Co Ltd (RSHI) have jointly signed a licence agreement for the manufacture and sale of Wartsila low-speed marine diesel engines……
Maersk Line's transpacific pact with CMA CGM will be extended to another trade after all, with the news that the French carrier will charter slots on the transatlantic leg of Maers……
Hapag-Lloyd's operating earning's more than doubled in 2007 due to an upswing in freight rates from the second half and the completion of the CP Ships integration. Amid uncertainty……
German tourism and shipping conglomerate TUI AG has yielded to shareholder pressure by deciding to separate its Hapag-Lloyd container shipping unit from the group. All options incl……
Maersk Line has entered a slot charter agreement, which will provide CMA-CGM space in the transatlantic trade. The agreement covers 900 TEUs on a weekly basis on Maersk Line TA3 se……
Wartsila has signed a global service agreement with the leading screw pump manufacturer IMO AB of Sweden to establish a stronger after-sales network for IMO's complete product rang……
Concerns that U.S. companies would stop making voluntary self-disclosures of U.S. export control violations due to the drastic increase in penalty amounts have so far been unfounde……
A.P. Moller - Maersk Group said Steen Reeslev, 49, will join the company as head of group relations and communication on April 14. A former journalist, Reeslev has been senior exec……
