March 6th in 3PL, Shipping by .

Little updates from Maersk

Maersk Line remains uncertain about breaking their previous year record this year after slumping to a $602 million loss in 2011 from a record $2.6 billion profit in 2010, said A.P. Moller-Maersk, parent of the world’s largest ocean carrier.

June 24th in Shipping by .

CMA CGM Launches New Asia-US West Coast Direct Service

CMA CGM is pleased to announce the return, on July 10th 2010, of the Yang Tse service linking South, Central and North China to the West Coast of the United States.

May 4th in Shipping by .

Maersk Sells Stake in Yantian Terminal for US$520m

China Ocean Shipping (Group) Company, (COSCO)  Pacific subsidiary to pay $520 million for interest in Yantian.

A.P. Moller-Maersk agreed to sell its stake in the Yantian container terminal in China to a subsidiary of China’s COSCO Pacific for $520 million, the company said Thursday.

May 4th in Shipping by .

New Zealand Port Merger Worries Maersk

The Lyttelton Port and Port of Otago, announced a planned merger of operations on 29th April’o8, The ports will merge operations, but not their assets, and not for some months because the merger plan must first pass Commerce Commission scrutiny.This  decision has  caused a worry to one of the world’s largest shipping companies, Maersk.

April 12th in Shipping by .

Mass Market Foldable Shipping Container.

Inventors in the US, Netherlands and India are moving closer to easing a headache that costs the shipping business billions of dollars a year, reported The Wall Street Journal.