A senior executive of APL has called on individual container lines to take decisive action to reverse the current market downturn. Dan Ryan, APL's Greater China president, speaking……
The sale of a 50 percent stake in South Korea's Daewoo Shipbuilding and Marine Engineering Co. is being hindered by collapsing global markets, the Korea Herald reported Wednesday. ……
China's shipbuilding industry received 98.45 million deadweight tons (DWTs) in new orders, accounting for 42 percent of the global total, said Zhang Guangqin, chairman of the China……
Marsk Line making savings on fuel costs by sailing slower. Marsk Line has introduced several initiatives to cut back on its fuel costs as a result of high fuel prices and will make……
Yesterday, the first ocean carrier called at the EUROGATE Tanger container terminal. The first regular service will start on 8 October 2008. This will be CMA CGMs Far East Northern……
TNT announced that it will add eight new branches to its international express network in China by the end of the year. The expansion, which forms part of TNTs investment in China ……
Wartsila has received major orders for its recently established Wrtsil Ship Design unit. The orders were received from customers in China, India and Germany. The Ship Design unit w……
AP Moller Maersk subsidiary Safmarine has confirmed it has placed an order for four 18,000 dwt multi-purpose vessels with Wuhu Xinlian Shipyard . The deal includes an option for an……
