AVS Global Ship Supply celebrates 40 years of growth and adaptation in the maritime supply industry, now serving ports worldwide.

Maersk Sebarok crosses Bab el-Mandeb Strait, the first Red Sea passage in nearly two years, with heightened security measures in place.

The company attributed the weak performance to shrinking dry bulk and container shipping demand. Its container shipping unit, Coscon, posted an operating loss of CNY1.31 billion in the first six months of 2012, a deterioration from the loss of CNY947 million a year earlier.