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Day: March 26, 2012

CMA CGM Lost $30 Million in 2011

CMA CGM swung to a net loss of $30 million in 2011 from a $1.6 billion profit in 2010 but the French ocean carrier said cost savings and lower ship charter rates will return it to the black this year. Revenue was up 4 percent to...

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APM Terminals Opens Hong Kong Office

APM Terminals said opening an office in Hong Kong will help A.P. Moller-Maerskā€™s port operating unit to expand partnerships with Asia-based customers when making global decisions on port calls and inland routings. Thirteen of...

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