News
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Cosco and PSA add berths in Singapore
Ngày: 19-01-2019 | Lượt xem: 822COSCO Shipping Ports and PSA Corp have firmed up a deal for two new container berths at their joint venture terminal in Singapore.The additional facilities, which started operations earlier this month, add to the three existing mega-ship berths, raising the terminal’s annual capacity from 3m teu to 5m teu, CSP said in a statement.
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Ocean Alliance extended to 2027
Ngày: 18-01-2019 | Lượt xem: 828The Ocean Alliance container shipping venture has agreed to extend its partnership through to 2027.The co-operation extension involving CMA CGM, Cosco, OOCL and Evergreen was signed by executives of the respective parties at a ceremony held in Hainan, China.
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News highlights week 46
Ngày: 19-11-2018 | Lượt xem: 1012CMIA Capital Partners, a Singapore-based private equity firm, has been confirmed as the new owners of Bengal Tiger Line (BTL). It acquired all of the company’s shares from BTL’s founding shareholders Schoeller Holdings and Transnaval Schiffahrt in July this year.
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Rates pressure on Asia-Europe increases as 2M loop returns
Ngày: 11-10-2018 | Lượt xem: 831RATES on the Asia-Europe trade could come under increasing pressure when the 2M alliance of Maersk and Mediterranean Shipping Co reintroduce their AE2/Swan service following a three-month suspension.
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News highlight week 37
Ngày: 15-09-2018 | Lượt xem: 934CMA CGM has seen its second quarter net profit slump almost 90% on the back of the surge in bunker prices.
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HMM slides into deeper losses
Ngày: 16-08-2018 | Lượt xem: 794HYUNDAI Merchant Marine has posted bigger losses in the second quarter of this year compared with one year ago because of weaker freight rates and higher fuel costs.
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Yang Ming unveils feedership orders
Ngày: 16-08-2018 | Lượt xem: 967YANG MING Marine Transport says it has ordered 10 2,800 teu ships, worth up to $450m, at compatriot shipyard CSBC Corp, as part of its fleet renewal plan.
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