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Wan Hai Bins Order for Eight Feeders

Taiwan’s shipping company Wan Hai Lines has decided to terminate a shipbuilding contract for eight feeder vessels, ordered from Japanese shipbuilder Naikai Zosen. The deal was cancelled due to changes...

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HMM Sets Sights on Arctic Shipping

South Korean container shipping company Hyundai Merchant Marine (HMM) is reviewing Arctic shipping opportunities as it eyes cost savings resulting from the shorter trip duration between Asia and Europe via...

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Maersk Group Bleeds Red Ink in Q2

Danish energy and transportation giant A.P. Moller – Maersk sailed into a loss of USD 264 million in the second quarter of 2017, a switch from last year’s profit of...

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