The Maersk Group announced on Friday (October 23) that it expects to make US$600m less profit in 2015 than it had predicted a few months ago. The group said that it’s shipping line subsidiary Maersk L ...

New deep-water terminal APM Terminals Izmir has received five rubber-tyred gantry cranes (RTGs) and two ship-to-shore (STS) cranes as it prepares for its first expected vessel call in March 2016. One ...

Finnish container handling equipment manufacturer Konecranes has told investors that it is preparing a major structural cost-cutting programme but was not ready to announce the details yet. The compan ...

Indonesian laws requiring majority owners of shipping companies to be from Indonesia has stopped Danish company Maersk Line from investing US$3bn, according to government minister Rini Soemarno. The I ...

Analysts at Drewry and Moffat and Nichol have claimed that growth in US imports is propping up global container trade, which otherwise is struggling. Walter Kemssies, chief economist at Moffat and Nic ...

APM Terminals (APMT) has upped its agreed stake in Grup Maritime TCB from the 61% share it announced last month to a full 100% stake in a US$1bn transaction. Following the agreement with Perez y Cia f ...