Damco profit jumped triple digits in the first quarter.
Every major metric of performance for APM Terminals suffered in the first quarter.
Speculation on the makeup of a new container shipping alliance is mounting following the unveiling of the Ocean Alliance last month, with Maersk Group CEO Nils Andersen chipping in with his views on the subject.
Freight rates at record low levels dragged down Maersk Line's first-quarter net profit.
The U.S. Federal Maritime Commission is levying the collective experience of the private sector to fight congestion at U.S ports.
Pacific International Lines is looking beyond today’s bleak business climate and is aiming to make a splash later this month.
Trans-Atlantic spot rates are forecast to rise.
Allcargo Logistics, the parent of global non-vessel-operating common carrier ECU Line, plans to more than double annual revenue.
The world’s major ship owners are feeling the pressure as container ship charter rates plummet and charters are being renegotiated as the financial positions of shipping lines worsen, according to Drewry.
Maersk Line is poised to disclose its first-quarter results after a bruising three months.