Press room

•  MOL hikes Asia-southern Africa rate US$250 per TEU from May 15 2016/04/28
•  CMA CGM increases Asia-South Africa rate US$200/TEU from May 15 2016/04/28
•  Eastbound focus offsets Asia-Europe slowdown, says Maersk executive 2016/04/27
•  Hanjin scrambles to restructure like Hyundai Merchant Marine 2016/04/27
•  Hutchison Ajman port: All ships must have IMO numbers and AIS by May 1 2016/04/26
•  Guangdong Chamber of Commerce signs MoU in Delhi to boost India trade 2016/04/26
•  OOCL makes 20.4pc less per box in first quarter as revenues fall 17.1pc 2016/04/25
•  A-E rate flat at US$271/TEU, falls 2.9pc to Med, off 6pc to USWC 2016/04/25
•  Hanjin Shipping, PIL engage in slot swap on Red Sea/Middle East services 2016/04/22
•  Ever sinking rates induces CMA CGM to put USWC mega ship loop on hold 2016/04/22
•  Hong Kong Marine Department announces VGMs will be in force July 1 2016/04/21
•  International Chamber of Shipping favours stringent IMO regulations 2016/04/21
•  Cosco Pacific grows March global volume 6.4pc to 7.85 million TEU 2016/04/20
•  Kuehne + Nagel profit up 10.4pc to US$175.5 million, but sales off 2pc 2016/04/20
•  OOCL shifts from Maersk's APMT to Hutchison's ECT in Dutch terminal switch 2016/04/19
•  China textile exports decline 5pc in 2015 - first fall in 6 years 2016/04/19
•  MOL increases Asia-east coast South America rate US$750/TEU from May 1 2016/04/18
•  A-E rate falls 6.9pc to US$271/TEU, USWC off 9.3pc, USEC slips 4.8pc 2016/04/18
•  Port of Los Angeles quarterly throughput rises 11.3pc to 2.03 million TEU 2016/04/15
•  Singapore container volumes declined 8pc in March to 2.52 million TEU 2016/04/15
•  Oman's Port of Salalah receives its biggest ever 18,000-TEUer 2016/04/14
•  CMA CGM ups Asia-Mediterranean/Adriatic rate US$1,000/TEU from May 2016/04/14
•  US senator demands icebreakers as low oil prices cut Arctic shipping 2016/04/13
•  Half top ocean carriers post profits while others teeter close to bankruptcy 2016/04/13
•  Most deliveries assigned to east-west lanes though megas ply USWC: Drewry 2016/04/12
•  King Abdullah Port ready to help Jeddah in pre-Ramadan cargo surge 2016/04/12
•  Tuticorin's PSA Sical posts monthly throughput record of 50,225 TEU 2016/04/08
•  Asia Australia Discussion Agreement hikes China-Oz rate US$300/TEU 2016/04/08
•  Germany's Eurogate profit up 13.4pc to US$83.5 million as sales rise 4.5pc 2016/04/07
•  Drewry sees profits dry up as 2016's deliveries add 1.3 million TEU 2016/04/07