WASHINGTON – The U.S. Federal Maritime Commission yesterday unanimously voted to allow the G6 Alliance to expand into the Asia-U.S. West Coat and trans-Atlantic routes.
Hyundai Merchant Marine
05 Dec 2013
The majority of public comments sent to the Federal Maritime Commission regarding the proposed P3 Network were supportive of the vessel-sharing alliance among the world’s three largest global container lines.
03 Dec 2013
The G6 Alliance unveiled plans to expand into the trans-Atlantic and Asia-U.S. West Coast trade lanes in a widely expected response to the proposed P3 Network partnership between the world’s three largest carriers, Maersk Line, Mediterranean Shipping Co. and CMA CGM.
21 Nov 2013
Container shipping lines operating from Asia to the U.S. intend to restore baseline freight rates for late holiday season shipments in December and the pre-Lunar New Year period in January.
20 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.
16 Oct 2013
Container shipping lines in the Transpacific Stabilization Agreement Westbound section are attempting to set...
09 Oct 2013
Members of the G6 Alliance have withdrawn eight Asia-to-Europe sailings, effective from late October 2013 to February 2014, in response to expected low demand during the winter season.
16 Sep 2013
Capital Product Partners, a Greece-based tanker owner, has acquired three more container ships for $195 million.
06 Sep 2013
Hyundai Merchant Marine has opened a new off dock container yard in Qingdao, China.
05 Sep 2013
Members of the G6 Alliance have canceled two voyages scheduled for early October, as a result of vessel maintenance and a national holiday week in China.
04 Sep 2013
Hyundai Merchant Marine said it expects to return to profitability after a long interval of operating losses.
27 Aug 2013
Drewry Maritime Research is taking a negative view of the outlook for publicly traded Korean container shipping lines.