Container ship in Hamburg, Germany.
08 Apr 2014
The 2013 financial reporting season for container lines ended for many carriers in a sea of red ink as high bunker prices and weak freight rates combined to drag down profits.
14,000-TEU APL Temasek container ship
16 Apr 2013
Singapore-based APL appears poised for a turnaround as it takes delivery of new fuel-efficient ships and reorganizes its global network to take advantage of the vessels’ lower slot costs.