Taiwanese intra-Asia carrier TS Lines yesterday commissioned six 1,100 teu ships from China’s Fujian Mawei Shipbuilding as it continues to increase its fleet.
Fujian Mawei, majority-owned by the Fujian provincial government, said the ships would be built according to a …
PRESS RELEASE
A.P. Moller-Maersk acquires Visible SCM, an E-commerce Fulfillment and parcel delivery company
With this strategic acquisition, a new level of E-commerce expertise is added to A.P. Moller – Maersk’s integrated logistics offering. Maersk customers in the Business-to-Consumer segment …
PRESS RELEASE
August 6, 2021
The Interim Report for the 2nd Quarter 2021 for A.P. Møller – Mærsk A/S is hereby enclosed.
CEO of A.P. Møller – Mærsk A/S, Søren Skou, states: “The strong results benefited both from the exceptional …
PRESS RELEASE
UPS Announces Quarterly Dividend and $5 Billion Share Repurchase Program
08-05-2021 – UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.02 per share on all outstanding Class A and Class B shares.
Atlanta Georgia
UPS (NYSE: …
Switzerland-based carrier MSC has roundly rejected complaints made by Pennsylvania home décor supplier MCS Industries and says it was “shocked to learn of the accusations”.
MSC said today the notice from the US Federal Maritime Commission (FMC) of the complaint …
The Federal Maritime Commission (FMC) has announced it is investigating surcharges imposed by eight liner shipping operators following complaints from shippers that the charges were not properly instituted.
Complaints from shippers have increased as rates and surcharges have soared over …
Longer-term container contract rate increases are fast catching up with the enormous spikes seen in the short-term market over the past year.
The impact of the astronomical premium fee short-term rates has caused a big hike in new long-term contracts …
