Maersk Line is offering 280 British and Danish officers redundancy packages as it seeks to reduce costs and “adjust employee levels to match demand”. Explaining the Danish job cuts, it added: “In Maersk Line’s...
Read MoreNippon Yusen have a pretax loss of about 50 billion yen in the six months ended Sept. 30, 6 billion yen more than forecast, the report said. Kawasaki Kisen’s pretax loss was likely about 48 billion yen, 4 billion yen more than...
Read MoreThe Port of Portland is reporting a 34 percent decline in shipping tonnage over the last year. Spokesman Josh Thomas says that may sound bad, but compared to the free fall the port witnessed earlier this year, it’s an...
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