CMA CGM to acquire Maersk’s Mercosul Line
JUNE 14, 2017 — CMA CGM and Maersk Line report that they have entered into a binding agreement under which CMA CGM is to acquire Mercosul Line, a leading player in Brazil’s
JUNE 14, 2017 — CMA CGM and Maersk Line report that they have entered into a binding agreement under which CMA CGM is to acquire Mercosul Line, a leading player in Brazil’s
MAY 3, 2017 — The Federal Maritime Commission (FMC) yesterday rejected the “Tripartite Agreement” (FMC Agreement No. 012475), an agreement between the three major Japanese carriers to form a joint container shipping
MARCH 6, 2017 — IBM (NYSE: IBM) and Maersk are to collaborate to use blockchain technology to help help manage and track the paper trail of tens of millions of shipping containers
FEBRUARY 8, 2017 — A.P. Møller – Mærsk A/S racked up an unwelcome distinction today, reporting the largest annual deficit ever posted by any Danish company. Although the group delivered an underlying
DECEMBER 12, 2016 — Winterthur, Switzerland, headquartered Tekomar Group Ltd. says that container shipping giant CMA CGM is to extend its use of Tekomar XPERT engine diagnostics to the recently acquired APL
OCTOBER 31, 2016 — Japan’s Kawasaki Kisen Kaisha, Ltd. (K Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) plan to integrate their container shipping businesses by setting a new
OCTOBER 22, 2016 — The Federal Maritime Commission (FMC) has concluded its review of the proposed Ocean Alliance, FMC Agreement No. 012426, allowing it to become effective on Monday, October 24, 2016.
OCTOBER 19, 2016 — Has the container shipping market bottomed out? Global shipping consultancy Drewry thinks so. It says that the Hanjin Shipping receivership marks the trough of the market. Its latest
SEPTEMBER 29, 2016 — South Africa’s Competition Commission (Commission) yesterday conducted search and seizure operations at the premises of six container shipping companies operating in the Western Cape and Kwazulu-Natal provinces. The
AUGUST 31, 2016 — South Korea’s largest container shipping company, Hanjin Shipping Co. filed for receivership in Seoul Central District Court today. The filing underscores the pressures facing shipping companies world wide.