Maritime News

It has been a good first quarter for OOCL with solid increases in revenue and volumes on the east-west trades.

Business appears to be looking up for Hong Kong's OOCL.

Spot rates on the Asia-Europe trade have risen close to their 2017 highs, even as backhaul rates fall for the forth consecutive week.

The next 12 months will be good for Japan's top three carriers that are predicting a profitable 2017/18 financial year.


Seaspan Corporation’s earnings and revenue declined in the first quarter.

The move seeks to solve a core problem that underpins the industry’s slow pace in digitalizing processes.

With the help of Microsoft, Maersk Line plans to roll out customer software applications in the third quarter that will help beneficial cargo owners track containers and manage cargo.

Trading in Yang Ming stock on the Taiwan Stock Exchange was suspended last week.

Work is already under way to develop the scope of the Baltic’s freight market information services.

Carriers control the physical transport of containers, so any supply chain solution needs to have their support.

Although the alliance changes that reshuffled carrier alliances from four to three took effect April 1, the impact is only slowly emerging on routes across the globe.