container shipping
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Asia-Pacific
Solid nine-month financials but weaker third quarter for Asian Terminals
Box-port operator Asian Terminals has seen a massive surge in nine-month revenues and profits but it has also witnessed a downturn in the third quarter…
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American Shipper
Yakuza suspected in Kobe port cocaine container seizure
Japanese mafia are in the firing line after a record 400 kilos of cocaine are found in a container in Japan.
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American Shipper
MSC vs Maersk: One line to rule them all
With Soren Toft, Maersk COO just a week ago, poised to become MSC’s new CEO, FreightWaves examines which carrier rules the waves.
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American Shipper
Mafia blamed as $275 million of cocaine seized
Europol believe Italy’s ‘Ndrangheta mafia is behind the use of Gioia Tauro as a cocaine hub for western Europe.
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American Shipper
Hyundai Merchant Marine reports increase in revenue, smaller loss
HMM had an increase in revenue and smaller loss in third quarter when compared to the same 2018 period.
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American Shipper
Has MSC signed up Maersk’s Toft as CEO?
The shipping grapevine is abuzz with rumors that the man who was Maersk’s COO until Monday (Nov. 11) could soon be leading MSC.
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American Shipper
Yang Ming reports lower revenue, larger loss in third quarter
Yang Ming Marine Transport Corp. (TWSE:2609) said it had lower revenue and a larger loss in the third quarter of 2019 than in the same…
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American Shipper
First in a decade: Trans-Pacific box trade to contract this year
Maersk, MSC, Hapag-Lloyd and COSCO will be the main market share “losers”, says Alphaliner.
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Asia-Pacific
ICTSI increases throughput and revenues but net income declines
It’s a largely good set of third-quarter results for the Philippines-based but globally operating container terminal operator ICTSI. “Strong financial performance,” says President and Chairman…
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American Shipper
The Panama Connection: By truck and rail, not canal
Advent Intermodal is seeking to increase transparency along the Panama "land bridge" between the coasts.
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