CSAV has raised $108 million from its shareholders to enable it to complete the financing for seven container ships under construction and to meet conditions of its planned merger with German container line Hapag-Lloyd.
22 Oct 2013
The U.S. Government Accountability Office has published a report, “DHS Could Improve Cargo Security by Periodically Assessing Risks From Foreign Ports,” recommending...
02 Oct 2013
Compañía Sud Americana de Vapores has agreed with a consortium of banks to take on $347 million in loans to help pay for the purchase of seven new ships, Reuters reports.
27 Sep 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in October and November.
06 Sep 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in September and October...
04 Sep 2013
U.S. containerized imports climbed 1.5 percent year-over-year in June, following growth in April and May, according to advance figures from PIERS, a JOC sister company. U.S. containerized imports totaled 1.5 million 20-foot-equivalent units in June.