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Will freight markets ever return pre-crisis levels?
Yes, in 2014
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Volumes up, Profit down at CMA CGM
Friday, 29.Aug.2014, 23:07
The Board of Directors of CMA CGM Group, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive OffIcer, to review the financial statements for the second quarter of 2014.

Sovcomflot Navigates Back to Black
Friday, 29.Aug.2014, 23:00
OAO Sovcomflot (SCF), Russia’s largest shipping company, has managed to accrue the net profit of USD 63.6 million for the first six months of 2014, a far cry from the 1H 2013 loss of USD 14.5 million, largely due to improved crude oil market dynamics during the first half of the year.

Matson is named top ocean carrier in Quest for Quality awards
Friday, 29.Aug.2014, 22:54
MATSON Navigation Company has been ranked number one in the ocean carrier category of Logistics Management magazine's Quest for Quality award that honoured 15 domestic and international carriers.

Zim upgrades Med-West African MAF loop from fortnightly to weekly
Friday, 29.Aug.2014, 22:50
ZIM said it has upgraded its servIce between the Mediterranean and West Africa from a fortnightly rotation to a weekly frequency. 

Maersk Line CEO says little hope of rate relief, focus must be on cost cutting
Friday, 29.Aug.2014, 22:44
EROSION of freight rates in the global container shipping trades is likely to continue for the foreseeable future, says Maersk Line CEO Soren Skou, echoing the view of Maersk group CEO Nil Andersen.



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News in Pictures

Model Alexandra Fotopoulou holding the 9th issue of seanews magazine at the Posidonia Shipping Fair


 
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