The Shipping Corporation of India Ltd (SCI) on October 22 accepted delivery of a 4,400-TEU cellular container vessel, m. v. SCI Chennai, reported Exim News Service. The vessel had,……
Neptune Orient Lines (NOL) container shipping arm, APL, has announced a reduction in capacity and significant changes to its global service network in response to increasingly chal……
German tourism company TUI AG said Sunday its supervisory board has approved the sale of its container shipping subsidiary Hapag-Lloyd AG to a Hamburg-based consortium of investors……
The CMA CGM Group said Friday is has begun operations in the Moroccan port of Tangier, with the call of the 8,500-TEU CMA CGM La Traviata, deployed on the FAL1 service linking Asia……
An executive with French liner carrier CMA CGM has suggested that slow steaming as a way to cut fuel costs is here to stay for the foreseeable future. In an interview in the Septem……
OOCL said third quarter improved 5.9 percent over the year-earlier period. Revenue increased 15.6 percent to $1.6 billion. With only a 1.9 percent increase in loadable capacity, th……
Singapore-based shipping line APL said Tuesday it is reducing capacity and reorganizing its global network to better align with slowing container demand. The moves were made, the c……
Maersk Line said Tuesday it would be reducing capacity on the highly seasonal Asia/Latin America trade. The Danish ocean carrier said it will combine two loops serving the trade --……
