SHANGHAI: Starbucks, the world's largest coffeehouse company, said yesterday that the recent closure of its 661 underperforming cafes in the US and Australia would not affect the c……
The Far East Freight Conference (FEFC), the Canada Transpacific Stabilisation Agreement (CTSA) and Matson Line have issued further bunker and currency surcharge adjustments. The FE……
Container Liner Evergreen Marine's (pictured) parent, Evergreen Group, has shelved a plan to invest in a Chinese shipyard due to weak market conditions, writes Reuters. Evergreen h……
Iran has warned it is ready to shut down the shipping lanes of the Gulf as it boasted of a new missile system designed to prolong war at sea. The fusillade of belligerence fired at……
Shipping containers at Port Botany in Sydney. Australia's biggest ports and rail operator Asciano Group has rejected a 2.9 billion Australian dollar (2.7 billion US) takeover bid, ……
A report in Thursday's Shippers NewsWire on OOCL's first half earnings failed to accurately describe the net profit of the Hong Kong carrier's container and logistics division, whi……
Daewoo Shipbuilding and Marine Engineering Co Ltd said on Friday it had cancelled a 619 billion won ($610.3 million) order to build eight container ships for an unidentified Europe……
A senior Maersk Line official has repeated calls for the shipping industry to reduce ship-generated pollution. We need to focus on the environmental impact of shipping, said Jesper……
