Maritime News

French line CMA CGM has followed through on its commitment to making Singapore its Asian hub with the opening of a regional operations centre in the city-state.

Bond issuance comes ahead of its merger with United Arab Shipping Co.


Asia-Europe container carriers are breathing a sigh of relief as traffic edged higher in 2016, despite another dull peak season, reversing the previous year’s slump. 


US ports will face unprecedented operational challenges when ocean carriers on April 1 restructure their vessel-sharing alliances.


Overcapacity, a wider Panama Canal, Hanjin's failure and sustained weak demand for containerized cargo are hurting non-operating ship owners as chartered vessels come flooding back.

Creditors worried they won’t be properly compensated with the sale proceeds.


Northwest Seaport Alliance receives guarantee it said it needed to withdraw its objection to sale of former Hanjin terminal in Seattle.


Trans-Pacific spot rate increases again in run-up to the Chinese New Year.

The China Cosco Shipping Group will receive $26 billion for Belt and Road investments and reforming of state-owned enterprises.

OOCL's partners in the Ocean Alliance are the most likely to buy the Hong Kong-based container line, analysts say, provided it is for sale.