Orient Overseas (International) Line has once again posted record earnings, with total revenue for the third quarter ending September 30 up from US$1 914.3 last year to US$4 313.7 this year. The overall load factor was 0.4% higher than the same period last...
A transaction said to be netting Maersk $987.3 million will see the Danish line part with its box manufacturing subsidiary after China International Marine Containers (CIMC) succeeded in a lock-stock-and-barrel purchase of Maersk Container Industry (MCI). The deal is...
Despite disruption from lockdown measures over the summer, Vietnam’s seaports have handled in excess of 537 million tons of goods in the first nine months of the year – a three percent year-on-year rise, according to new data released by the Vietnam...
AP Moller-Maersk A/S, the world’s biggest container shipping line, was expected to make around $4.5 billion in operating profit in 2021, according to estimates at the start of the year by the financial analysts who follow the company. Their estimates have turned out...
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