An important contribution to Israel Corp.’s second quarter net profit came from Zim Integrated Shipping Services Ltd., which posted a net profit of $3 million, compared with a net loss of $186 million for the corresponding...
Read MoreReuters reported that China COSCO Holdings flagship of the country premier shipping firm returned to the black in the second quarter as the global shipping market rebounded from record losses in 2009. China COSCO which operates...
Read MoreThe Environmental Protection Agency [last week declared] California’s coastline, bays and estuaries as a no-dumping zone for large commercial cruise and cargo ships. Discharging raw sewage has been prohibited under...
Read MoreA new study of the Port of Vancouver’s signature project — a planned 27-mile expansion of rail tracks to speed cargo and handle more of it — says the port will have to borrow as much as $75 million to cover a shortfall and...
Read MoreChina Cosco Holdings Co., Asia’s largest shipping company by market value, said lines needs to stay “level-headed” to prevent a capacity glut from overwhelming a rebound in cargo demand. China Cosco and China Shipping Container...
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