Already tossed by economic storms, German shipper Hapag-Lloyd is on course for a further loss in 2010, one of its owners said on Sunday. “However, I think the worst is behind us,” the owner said, adding that...
Read MoreAs a result of ongoing increases in the price of bunkers at Hong Kong and South Korea, the TFA member lines wish to advise that … the Bunker Surcharge is to be adjusted to US$400 per TEU with effect from December 4, 2009....
Read MoreThe Grand Alliance and the New World Alliance will combine two all-water services from Asia to the U.S. East Coast as part of their combined capacity cutbacks of about 4,000 20-foot containers during the slack winter season, the...
Read MoreZim Integrated Shipping Services, suffering a steep drop in demand in its container shipping business, reported a $208 million loss in the third quarter on Thursday, more than triple the loss from last year. Revenue plunged 50...
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