ZIM, the Israeli container operator continues to perform better then the average adjusted margins in the shipping industry despite a challenging market environment with freight rates reaching historic lows. ZIM […]
CEO Willie Walsh from the IAG, the International Airlines Group is ready for further airline acquisitions and low-cost carrier partnership. Speaking at the Airport Operators’ Association (AOA) UK Aviation Conference […]
Neptune Orient Lines Limited has announced earlier tday its single largest shareholder, Lentor Investments Pte. Ltd., a wholly-owned subsidiary of Temasek Holdings, have entered into an exclusivity agreement with CMA […]
South Korean’s new Minister of Ocean and Fisheries, Kim Young-suk has declared he does not see any immediate benefit for the merger between both South Korean carriers Hyundai Merchant Marine […]
CEO Frank Lu of Yang Ming and chairman Sun Hung-hsiang from China Airlines have signed memorandum of understanding cargo transport services as well as electronic commerce through the integration of […]
Hong Kong International Airport reported a cargo throughput growth during October for the second consecutive month, increasing by 2.0% to 392,000 tons, when compared to the same period in 2014. […]
Air France KLM, one of Europe’s largest airline carriers, has reported their third quarter results. The operating loss was announced to be us$ 124.6 million loss, while its cargo volumes […]
In the third quarter of 2015, Hapag-Lloyd recorded higher transport volumes, revenue and significantly improved earnings. Hapag-Lloyd achieved a net profit for the third consecutive quarter. In the first nine […]
Maersk Line, the Danish container operator has announced last week to lay up one of its giant Triple-E vessels of 18.000 TEU for a period of minimum six weeks in […]
Danish container carrier Maersk Line has announced they will cut 4.000 staff of their 23.000 land based jobs towards the end of 2017 as digitalization and organizational changes are implemented […]
