Maersk has reported a 78 per cent fall in profit to $371m (£231m) in the third quarter despite a nine per cent rise in sales. It said both container and tanker activities faced difficult markets owing to excess supply of tonnage and a fragmented competiti
Browsing: Ocean Freight
International shipping should be included in UK carbon emission targets for 2050, according the Committee on Climate Change which advises the UK government
DHL is the official logistics partner of the 11th Volvo Ocean Race, a round-the world yacht race starting in Alicante, Spain, on 29th October
DB Schenker Logistics has appointed Diederick de Vroet has been appointed to head global ocean freight, as of 1st October
Maersk Line is launching a guaranteed on-time delivery service between Asia and Europe with a daily cut-off, which it reckons could save customers up to $500 per container, and cut inventory by 50 per cent
Global demand for seaborne containers will grow by six to eight per cent in 2011, Maersk said in its interim results but global supply of new tonnage is expected to grow more than the freight volumes especially on the Asia to Europe trade
Mediterranean Shipping Company has transferred its flagship Asia-Europe services, the Lion and Silk Services, to Felixstowe’s new berths 8 and 9, which have been created specifically to deal with the next generation of container ships
Container ships are going slower, the cost of fuel is rising, and maintaining security in extended supply chains is becoming increasingly critical. Malory Davies and Johanna Parsons examine the impact.
Maersk Line has enlisted Korea’s Daewoo Shipbuilding and Marine Engineering to build an additional ten Triple-E ships, after its original order in February
All change at K+N; All aboard at the International Air Cargo Association; Georgiou becomes president of ALEM; Board role for distribution chief; Damco South America chief
