Select Page

Day: January 22, 2010

NYK exec wary of Chinese New Year peak

Japanese container shipping line NYK Line is experiencing stronger transpacific demand than expected at the start of 2010 but will wait several weeks before deciding whether to add extra capacity to this trade lane, according to...

Read More

Haiti port opening raises hopes

Re-opening Haiti’s seaport in the capital Port-au-Prince is seen as vital to the international aid effort. Fifty percent of the port was destroyed by the earthquake, but engineers have decided some parts of one pier are...

Read More

OOCL Revenue Drops Steeply

OOCL said Wednesday revenue for the fourth quarter, ended Dec. 31, sank 22.7 percent, as container volumes carried by its liner subsidiary OOCL fell 4.1 percent below levels in the same 2008 quarter. OOCL’s fourth-quarter...

Read More