THE Alliance
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Maritime
Container ships wait on Southeast port reopenings after Dorian
Delays, diversions and weekend gates as ports get back to normal schedules.
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Container
ONE, OOCL add reefer containers as fresh food trade set to expand
Sixth largest container shipping firm cites Asian demand for fresh food as prompting the move.
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Container
COSCO Ports overseas assets push first-half results higher
COSCO Shipping Ports (HKEX: 1199) reported higher revenue and volumes for the first half of the year. But the spin-off of a stake in one…
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American Shipper
Yang Ming reports operating profit in second quarter
Yang Ming had an operating profit in the second quarter but notes U.S.-China trade conflict has weakened demand for container transportation.
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Asia-Pacific
Port Report: Japan’s K-Line books loss on charter costs as it seeks 2019 restructuring
Member of THE Alliance is latest ocean carrier to experience financial difficulty amid a still volatile rate environment.
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Maritime
Ocean carriers gain on cutbacks, tariff fears as rates head higher into September
Spot markets register tightness in vessel capacity as peak shipping season is only just starting.
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