Day: August 11, 2011

Maersk rival CMA CGM sees 2011 profitable -report

Aug 11, 2011

French privately held shipping company CMA CGM expects to stay in the black this year despite pressure on freight rates and is preparing to resume investing in new vessels, shipping newspaper Lloyd’s List said. Some...

Container Lines to Add Peak Surcharge on Asia-U.S. Route Starting Aug. 15

Aug 11, 2011

A.P. Moeller-Maersk A/S, owner of the world’s biggest container shipping line, and 14 other carriers will seek a peak-season surcharge two months later than previously scheduled amid weaker-than-expected demand. The shipping...