Cheaper production and material costs and sagging demand have contributed to the decline.
China's Zhuhai port is banking on increased trade with Pakistan and South America to help it more than double container traffic.
Hapag-Lloyd revealed that the United Arab Shipping Company booked a loss in 2015 and is still losing money ahead of a shareholders’ meeting to clear the way for a merger.
Hutchison Port Holdings expects to open a second container terminal in Pakistan by October.
Hanjin Shipping will submit a plan to raise liquidity to its largest creditor, the Korea Development Bank, on Thursday.
Cosco Shipping Ports is tipped as a likely frontrunner in the bidding for a tender to build and operate a third container terminal at the southern Spanish port of Algeciras.
Shipping Corporation of India and Shreyas Shipping and Logistics could not increase profits in the first fiscal quarter as they teamed up to corner coastal demand.
No surprises as a weak October encourages G6 to withdraw sailings on major east-west trades.
ACL expects its new ships to provide an edge.
The idle container ship fleet is back to more than 1 million 20-foot-equivalent units after a brief dip in July.