Evergreen posts 52% surge in Q1 earnings EVERGREEN Marine Corp, Asia's largest container shipping company, posted a profit for the seven straight quarter on increased demand for cargos from US retailers, including Wal-Mart Stores Inc.
A Mexican blueprint to rival US ports DESERT scrub, rows of broccoli and a few scattered Airstream trailers are about all that dot the seaside landscape at Punta Colonet.
Seven transatlantic container lines plan to hike rates THE rising costs of containerised shipping are once again being cited as the impetus for further rate hikes, this time by major container shipping lines operating on the Westbound transatlantic trade who also warned of further hikes later in the year.
Chinese giants square up in box battle THE race for supremacy between China's two largest container lines is reaching fever pitch, with Cosco reported to have placed an order for another four 10,000 teu ships and arch rival China Shipping actively looking for takeover targets.
Seafarer dies after crewboat collides with tanker ONE seafarer died of his wounds at the weekend after a collision between his small crew boat and a large tanker near the mouth of the Sabine Ship Channel on Thursday morning.
Repsol and Gas Natural link to form global LNG force Spanish energy groups Repsol YPF and Gas Natural SDG are creating a joint venture which they believe will be the third largest liquefied natural gas company in the world, based on sales volume, writes Tony Gray.
Beleagured AIG adjusts books to regain trust American International Group, the world's largest insurer, will correct five years of results for reinsurance and other transactions that inflated net worth by about $2.7bn, $1bn more than an earlier estimate, Bloomberg reports.
Kuwait looks for Bubiyan Island developers Kuwait has invited bids for building the first phase of a state-of-the-art container port on Bubiyan Island at a cost of US$2billion, according to Public Works Minister Bader Al Humaidi.
ESPO outlines constructive engagement with EC on ports
Brokerage payments protest could hit Maersk India
Inland terminals will smooth box flow says terminal operator
Dutch award EuroMax construction contract
Hanjin container freight index shows mixed March results
Scandlines takes action against ferry buyers Scandlines has taken several steps in the matter of the two ferries "Margrethe" ex "Dronning Margrethe II" and "Regent I ...
More vessels leave NIS Another 44 vessels left the Norwegian International Ship Register (NIS) during the first quarter of the year and the number ...
Broström cashes in on tanker sale The sale of "Bro Tina" to Bryggen Shipping & Trading in Bergen will boost the Broström result. According to Broström, the ...
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