AP Moller-Maersk has cut $600m from its full year profit guidance amid deteriorating conditions in the container shipping market. The Danish giant had projected a profit of $4bn for 2015 but sliced that figure to $3.4bn today sending its stock…
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While so far it seems the Chilean Port of Coquimbo has not suffered major structural damage from last week’s earthquake, the site remains closed for all operations. port An 8.3-magnitude earthquake struck the South American country on Wednesday evening around…
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August 2015 – When it comes to the largest containership sailing the oceans, shipping companies worldwide are competing for leadership. At a length of 395 metres, a width of 59 metres and a loading capacity of 19,244 standard containers, ‚MSC…
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