Evergreen Marine recorded an $80 million net profit in the three months ending Sept. 30. as the carrier added a second profitable quarter since joining the CKYH Alliance in March.
10 Nov 2014
Amid an environment of slowing demand and overcapacity, container lines have unrealized opportunities to improve profit margins by overhauling internal culture and expanding the scope of alliances, according to Boston Consulting Group.
21 Oct 2014
The CKYHE Alliance said today it would expand its coverage once again — this time opening up the scope of the alliance's trade loops to the United States.
04 Oct 2014
New calls from container carriers and volumes from the tail end of the 2014 peak season increased Boston’s September throughput by nearly 12 percent.
18 Sep 2014
The emergence of four large alliances among the world's largest container shipping lines is creating a two-tier market that could doom smaller carriers to hanging on to niche trades or going out of business.
15 Sep 2014
New global alliances of container ship lines could produce a retaliatory surge in large-ship orders by competitors in 2016-2018, according to a research report by Bank of America Merrill Lynch analysts.
10 Sep 2014
Container lines in coming years will continue to order larger ships and switch membership in vessel-sharing alliances in a desperate game of survival...
24 Aug 2014
Carriers in the east-west head-haul trades may opt to cancel fewer sailings this year in response to reduced volumes of China during the country’s Golden Week holiday in early October.
21 Jul 2014
China’s rejection of the P3 alliance dealt a blow to the idea of a mega-alliance, but the aftermath has paved the way for a variety of smaller vessel-sharing agreements to enter the market.
09 Jul 2014
West Coast ports can breathe a sigh of relief after the rejection of the P3 Network by China’s Ministry of Commerce — a single operational entity won’t have the huge leverage they feared in negotiations over port calls and terminal charges.
02 Jul 2014
WASHINGTON — U.S. Federal Maritime Commissioners yesterday unanimously voted to allow CKYH partners and Evergreen Line to discuss cooperating in the trans-Pacific and trans-Atlantic trades.
30 Jun 2014
The major North European ports likely will face further congestion in the coming months as carrier alliances continue to have an impact on the reliability of service schedules, according to Drewry Maritime Research.