Total annual operating costs in the shipping industry fell by an average of 2.4% in 2015,…
Tag: shipping
Shipping industry seeks more progress on cutting emissions
The global shipping industry has called on International Maritime Organization (IMO) Member States to give serious…
Zim Shipping to defer $115m in payments
Israeli shipping company Zim, which has been hit hard by the weak global shipping market, said…
ZIM Shipping loses to $74m in Q2
Zim Integrated Shipping Services recorded a $74m net loss in the second quarter of the year.…
Maersk wins container shipping line of the year award
Maersk Line India has won the container shipping line of the year (India-Africa & Middle East…
Cosco Shipping eyeing Hanjin’s port assets
China Cosco Shipping Corporation (Cosco Shipping) may consider acquiring Hanjin Shipping’s port assets, but it has…
Cyprus second in EU for amount of trade done through shipping
Shipping was the main mode of goods transportation in a majority of EU member states in…
U.S. West Coast dockworkers to discuss contract extension with shipping companies
Shipping companies and a powerful dockworkers union have agreed to discuss a possible extension to a…
Shipping confidence sees further rise, says Moore Stephens
Shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter…
World Maritime Day: Nigeria’s shipping sector still backward
As the world prepares for the World Maritime Day, which comes up this weekend, experts believe…
DP World London Gateway adds new shipping service
CMA CGM’s North European Mediterranean Oceania (NEMO) and Hapag Lloyd’s Europe, Australia Express (EAX) combined service…
Nigerian shipping fleet as viable economic diversification option
By Samson Echenim As the federal government mulls possible options to reposition the economy, analysts have suggested that…