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Tag: Maersk Line

Maersk’s rate-cutting shows flop of Gemini’s reliability promise

Maersk Line has been singled out for aggressive discounts on Asia-North Europe rates, as consultancy Linerlytica suggested that Gemini Cooperation, the Danish carrier’s alliance...

Maritime Partners buys US-flag tanker business from Maersk Line

Maritime Partners, a provider of maritime financing solutions primarily focused on Jones Act vessels, has announced that on 20 September, one of its managed...

Maersk and Hope Hicks resolve sexual assault case

Hope Hicks, a former midshipman on the Maersk Line, Limited (MLL) ship Alliance Fairfax, and MLL have resolved Hicks’ litigation against the company filed...

PT Meratus Line charters boxship to Maersk for nearly 400% profit

Indonesian feeder operator PT Meratus Line has chartered one of its vessels to Maersk Line for a four-fold profit from the purchase price of...

Maersk and CMA CGM reshuffle Asia-South Africa joint service

The rotation of the Shaka 2 service, which is jointly operated by CMA CGM and Maersk Line, will be adjusted. The two companies have decided...

Maersk reforms West & Central Asia ocean network

Maersk has decided to redesign its ocean network in West & Central Asia, which connects countries including India, Bangladesh, Sri Lanka, Pakistan, United Arab...

Maersk said to be eyeing up to a dozen 15,000TEU ships

Maersk Line is said to be discussing orders for up to a dozen 15,000TEU methanol-fuelled container ships at Hyundai Heavy Industries (HHI), according to...

Container lines forced to emergency actions amid continuing Yantian congestion

CMA CGM is the latest shipping carrier to apply a port congestion surcharge (PCS) on the refrigerated containers which are expected to arrive in...

2M Alliance omits Hamburg on its Asia-Europe service

High yard density and long waiting time in the Port of Hamburg have forced 2M Alliance to omit the call on the major German...

Maersk halts Ukraine’s Port of Chornomorks service

Maersk Line has announced it will stop all its calls to the Port of Chornomorks in Ukraine from the 33rd week of the year. However,...
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Hiab to invest over US$20 million in expanding and modernising Raisio Multilift facility

Hiab is committing €19 million (US$21.3 million) to expand and modernise its Multilift demountables production site in Raisio, Finland. The investment aims to upgrade both...

Iran’s shipping industry poised for revival as nuclear deal talks resurface

The potential revival of a nuclear agreement between Iran and the United States is raising hopes for a long-awaited resurgence in Iran’s shipping industry. ...

Deals with DP World and CMA CGM mark Syria’s return to global trade map

The Syrian government has entered into a landmark US$800 million memorandum of understanding with Dubai-based port operator DP World to transform the Port of...

Shippers wary of market manipulation via capacity management

A flood of new tonnage in the early part of this year suggests container rates will inevitably head into decline, but a series of...
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