The failure of Hanjin Shipping has raised profound questions regarding the risks of ocean container transportation in corporate boardrooms throughout the world.
The “Ocean Three” Alliance among CMA CGM, China Shipping and United Arab Shipping Co.
16 Sep 2016
CMA CGM is outsourcing some of its global feeder operations in a move rival carriers likely will follow.
26 Aug 2016
Hapag-Lloyd shareholders Friday paved the way to a merger with United Arab Shipping Company and creation of the world’s fifth-largest container shipping line.
24 Aug 2016
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.
19 Jul 2016
China Cosco Shipping says all its shipper contracts are safe until the new Ocean Alliance kicks off next year.
18 Jul 2016
Hapag-Lloyd and United Arab Shipping Company Monday signed a merger agreement.
15 Jul 2016
HMM joining the 2M Alliance has pushed carrier management to the top of the forwarder agenda.