Maersk Line slumped to a $599 million operating loss in the first quarter from a $424 million profit a year earlier as collapsing freight rates on the key Asia-Europe route outweighed double-digit growth in container volume. But...
Read MoreUnlike 34 years ago, when Marubeni bought a Portland export elevator to improve its ability to supply Japan, its Gavilon bid is all about the world’s fastest-growing food importer, China. Marubeni said in 2009 it signed a...
Read MoreNew Zealand’s government has announced that foreign charter fishing vessels working in New Zealand waters will have to be reflagged under the national flag over a four-year transition period. The move is “welcome,...
Read More