Tokyo-based MOL will this summer withdraw its seven long-range Panamax product tankers of about 75,000 deadweight tons from a pooling arrangement with European shipowners. MOL join……
Greek containership chartering company Danaos Corp. said a capacity squeeze in the charter market helped it achieve strong profit gains for the fourth quarter and full year, adding……
A.P. Moller - Maersk today reported a modest annual profit in its container shipping division as the Danish group achieved a 15.3 percent increase in net profit for 2007 of 18.66 b……
The Houston-based American Bureau of Shipping has signed a cooperative agreement with the Polish Register of Shipping (Polski Rejestr Statkow) that will see the two class societies……
A plastic scrap shipper has filed a complaint with the U.S. Federal Maritime Commission against the Mediterranean Shipping Co. and non-vessel-operating common carrier Shipco Transp……
Japanese shipping companies MOL and K Line are about to add a second weekly joint service in the Asia/Mexico/West Coast South America trade. The two services, referred to by MOL as……
BIMCO, the world's largest shipping association, said Tuesday that Secretary General Carsten Melchiors has been relieved from his duties with immediate effect. The executive commit……
Hapag-Lloyd is reducing staff at some U.S. offices and moving employees to other offices as part of a corporate restructuring. A report in the Virginia Pilot newspaper said the Ger……