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Month: March 2015

Maersk Line announces plans for seven new vessels

Maersk Line has announced plans to build seven new 3,600 teu ships, following an agreement with COSCO Shipyard Co, as part of the company’s new-build investment programme. “Our strategy is to grow with the market and to do so we...

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Cosco International posts $46.3 million profit

The shipping services arm of China Ocean Shipping, Cosco International reported its profit attributable to equity holders for the year ended 31 December 2014 rose 48.6% year-on-year to HK$359 million ($46.3 million). Revenue,...

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