CMA CGM said it is upgrading its New Europe Mascarene Oceania service by adding new port calls, starting in early December.
26 Nov 2015
Singapore will extend its block exemption order for liner shipping agreements for another five years until December 2020, the Ministry of Trade and Industry has announced.
12 Oct 2015
Singapore’s Ministry of Transport and terminal operator PSA Corporation are planning to develop a container truck system that will boost port productivity by increasing the flow of boxes within the port and across the city-state’s streets.
26 Aug 2015
CEVA Logistics is developing its global consolidation operations and less-than-container-load services, and has announced the launching of a weekly LCL offering from Singapore to New York.
27 Jul 2015
Singapore’s Temasek may be interested in offloading some of its underperforming companies such as NOL, but there is no pressing need for the immense state investor to do it on the cheap through a distressed sale, Drewry says.
22 Jul 2015
Hutchison Port Holdings Trust recorded a 26 percent fall in net profit in the first half as revenue remained virtually flat and container volumes at its South China terminals rose just 2 percent compared to the first six months of last year.
21 Jul 2015
The buyer of Neptune Orient Lines (NOL) will have to turn around a chronically unprofitable company with few attractive assets, is the blunt assessment of shipping analyst Alphaliner.
20 Jul 2015
A notice to the Singapore Exchange by Neptune Orient Lines stating that it had not decided to sell has hardly closed the door on the topic.
17 Jul 2015
There was plenty of “no comment” but no outright denials following reports that Singapore’s Neptune Orient Lines (NOL) was up for sale, suggesting that the carrier could very much be on the block.
14 Jul 2015
Singapore became the second Asian hub port to declare slowing container throughput in June following weak growth reported by Shanghai last week in the run up to the peak season period from July to September.