Industry Sectors:Containers

Containers

Mitsui OSK Lines (MOL) has upped its full year profit forecast for the year ended 31 March 2018 by 20% to JPY12bn ($108.5m) as it forecasts a gradual improvement in…
Orient Overseas Container Line (OOCL) has increased its lifting volumes in the first half of 2017 compared to the year-ago period, according to an operational updated from the carrier’s parent…
The combination of Tanjung Priok Port in North Jakarta and the planned Patimban Port in Subang, West Java, will significantly increase Indonesia's port capacity and it could compete with Singapore,…
Indonesia’s Samudera Shipping Line has recorded higher profit for the second quarter amid the ongoing industry headwinds marked by supply-demand imbalance and low freight rates.
China Cosco Shipping Corporation Limited (Cosco Shipping) has provided more information regarding its $6.3bn takeover bid for family-owned Orient Overseas (International) Limited (OOIL), in particular on the risk associated with…
The Suez Canal Authority has further extended rebates for containerships from ports of the East Coast of America heading to South and South East Asian ports.
Samskip has reached an agreement with the DSD Group to acquire Nor Lines, with the acquisition deal including terminal and logistics buinesses and chartering-in of five multipurpose vessels.
French and Chinese consortium including CMA CGM has inked a concession for a new container terminal in Cameroon.
One of the final hurdles slowing Cosco-management’s plan to speed-up development of Greece’s Piraeus port into a major European gateway for Asian trade is set to be removed within the…
Global newbuilding orders have dwindled in the first half of this year to 245 units, dragged down by reduced interest for containers and zero order for offshore vessels, but new…
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