Industry Sectors:Containers

Containers

Orient Overseas Container Line (OOCL) reported a 10% increase revenues, and a 20% jump in volumes in the fourth quarter of 2016, but revenue per teu was down 8.2%.
Infrastructure was the talk of the day, one week into the Trump Administration, with shares of Aecom a construction and engineering company that frequently sponsors American Association of Port Authorities…
San Antonio International Terminal (STI), a joint venture of Seattle-based SSA International and Chile’s SAAM, became the largest terminal in Chile passing the milestone of 1.2m teu in 2016.
Malaysian ports conglomerate MMC Corp elaborated on plans to ramp up capacity at its flagship Port of Tanjung Pelepas (PTP) to cater to growing demand from shippers as well as…
Pacific International Lines (PIL) will introduce two new China transpacific services starting 3 April 2017 to be operated in a joint cooperation under vessel sharing agreement.
Cosco Shipping Ports and CMA Terminals Holding have signed a memorandum of understanding (MOU) in Shanghai to reinforce their strategic cooperation on port operations and investments.
Amazon.com is moving into the freight forwarder space in ocean shipping. The global online retailer has started helping retailers in China ship goods via container to the US according to…
Qingdao Port International investment and port construction unit QDP investment has sold port assets, collectively North Third Jetty Asset II, to its 51%-owned subsidiary Datang Port for RMB36.0m  ($5.2m), the…
Malaysian domestic line PDZ Holdings has had its 698-teu container ship PDZ Mewah arrested by Dan-Bunkering (Singapore) over fuel supply issues.
Eimskip has confirmed an order for a pair of 2,150-teu ice-class container vessels from China Shipbuilding Trading Company and Guangzhou Wenchong Shipyard at a price of $64m in total.