Market News Archive

  • Singapore sovereign wealth fund Temasek Holdings has put up its struggling US$1.7 billion shipping company for sale, the Wall Street Journal reported, citing people familiar with the matter. Owner of container line APL, Neptune Orient Lines (NOL), is 65 per […]

    Singapore’s Temasek prepares to sell Neptune Orient Lines and APL

    Market News
    Singapore sovereign wealth fund Temasek Holdings has put up its struggling US$1.7 billion shipping company for sale, the Wall Street Journal reported, citing people familiar with the matter. Owner of container line APL, Neptune Orient Lines (NOL), is 65 per […]

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  • Last month the container traffic handled by the Port of Long Beach was down -4.4% since amounted to 583,621 TEUs compared to 610,515 in June 2014. The port authority of the port American has specified that the volume handled in […]

    In June, the container traffic moved by the Port of Long Beach was down -4.4%

    Market News
    Last month the container traffic handled by the Port of Long Beach was down -4.4% since amounted to 583,621 TEUs compared to 610,515 in June 2014. The port authority of the port American has specified that the volume handled in […]

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  • In the second quarter of 2015 the port of Antwerp handled 53.5 million tons of cargo, an increase of + 6.9% compared to 50.1 million tonnes in the corresponding period last year. The containerized cargo amounted to 29.3 million tons […]

    Accentuated growth in traffic of goods in the port of Antwerp

    Market News
    In the second quarter of 2015 the port of Antwerp handled 53.5 million tons of cargo, an increase of + 6.9% compared to 50.1 million tonnes in the corresponding period last year. The containerized cargo amounted to 29.3 million tons […]

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  • The Finnish group closed the second quarter of this year with a net profit of 109 million euro compared to 83 million euro in the period from April to June of 2014 (since – last – reclassified taking into account […]

    Wärtsilä Interim Report January-June 2015

    Company News
    The Finnish group closed the second quarter of this year with a net profit of 109 million euro compared to 83 million euro in the period from April to June of 2014 (since – last – reclassified taking into account […]

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  • Maersk Line, the world’s biggest, will levy an Asia-Europe rate increase of US$1,000 per TEU from August 1. Rates on the route have remained just below $700 per TEU this year, far less than the $1,170 on average last year […]

    Maersk increases Asia-Europe freight rate

    Company News
    Maersk Line, the world’s biggest, will levy an Asia-Europe rate increase of US$1,000 per TEU from August 1. Rates on the route have remained just below $700 per TEU this year, far less than the $1,170 on average last year […]

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  • Last month the container traffic moved by the Port of Los Angeles totaled 722mila TEUs, a decrease of 2.0% compared to 736mila TEUs in June 2014. The containers filled landing and boarding recorded contractions respectively to -3.6% and -10.7% to […]

    Last month the container traffic in the port of Los Angeles was down 2.0%

    Market News
    Last month the container traffic moved by the Port of Los Angeles totaled 722mila TEUs, a decrease of 2.0% compared to 736mila TEUs in June 2014. The containers filled landing and boarding recorded contractions respectively to -3.6% and -10.7% to […]

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  • In the first three months of 2015, the Norwegian shipbuilding company VARD, which is controlled by the Italian group Fincantieri, reported new orders worth 248 million Norwegian kroner (30 million euro), which does not include the construction of ships, compared […]

    Drastic reduction in new orders to VARD

    Company News
    In the first three months of 2015, the Norwegian shipbuilding company VARD, which is controlled by the Italian group Fincantieri, reported new orders worth 248 million Norwegian kroner (30 million euro), which does not include the construction of ships, compared […]

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  • AS Tаllіnk Gruрр аnd Mеуеr Turku Oу ѕіgnеd a соntrасt fоr thе construction of LNG powered fast fеrrу for Tallinn-Helsinki rоutе shuttle operations. Thе duаl fuеl ѕhір wіll bе аbоut 212 mеtrеѕ in lеngth with a раѕѕеngеr сарасіtу оf 2800. […]

    Tallink and Meyer Turku inked a Contract for a LNG powered Fast Ferry

    Company News
    AS Tаllіnk Gruрр аnd Mеуеr Turku Oу ѕіgnеd a соntrасt fоr thе construction of LNG powered fast fеrrу for Tallinn-Helsinki rоutе shuttle operations. Thе duаl fuеl ѕhір wіll bе аbоut 212 mеtrеѕ in lеngth with a раѕѕеngеr сарасіtу оf 2800. […]

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  • The alliance CKYHE, COSCO Container Lines (COSCON), Kawasaki Kisen Kaisha (“K” Line), Yang Ming, Hanjin Shipping and Evergreen Line, announced today the upcoming reorganization of its network of scheduled services linking Asia Northern Europe and the Mediterranean. From the beginning […]

    CKYHE: New services between Asia and North Europe / Mediterranean

    Company News
    The alliance CKYHE, COSCO Container Lines (COSCON), Kawasaki Kisen Kaisha (“K” Line), Yang Ming, Hanjin Shipping and Evergreen Line, announced today the upcoming reorganization of its network of scheduled services linking Asia Northern Europe and the Mediterranean. From the beginning […]

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  • Continues to decrease the overall volume of container traffic handled by the port of Hong Kong. The airport Asia arrived at the seventh consecutive month of decline in traffic having recorded last month handling of containers amounted to over 1.8 […]

    Hong Kong continues the decline in container traffic

    Market News
    Continues to decrease the overall volume of container traffic handled by the port of Hong Kong. The airport Asia arrived at the seventh consecutive month of decline in traffic having recorded last month handling of containers amounted to over 1.8 […]

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