The majority of public comments sent to the Federal Maritime Commission regarding the proposed P3 Network were supportive of the vessel-sharing alliance among the world’s three largest global container lines.
05 Dec 2013
Hapag-Lloyd and CSAV are in talks over a possible merger that would create the world’s fourth largest ocean carrier.
26 Nov 2013
Compañía Sudamericana de Vapores reported a net loss of $46.7 million in the third quarter of 2013, compared with a net income of $55.8 million in the same period in 2012.
30 Oct 2013
Mediterranean Shipping Co. plans to expand its IPAK Service between India and Europe by adding a call at King Abdullah Port, Saudi Arabia’s new gateway hub.
02 Oct 2013
Compañía Sud Americana de Vapores has agreed with a consortium of banks to take on $347 million in loans to help pay for the purchase of seven new ships, Reuters reports.
24 Sep 2013
Diana Containerships, through a separate wholly-owned subsidiary, has taken delivery of the Pucon, a 2006-built post-Panamax container ship of about 6,500 20-foot-equivalent capacity.
21 Aug 2013
Compañía Sud Americana de Vapores said it hopes to raise $330 million, compared with its initial goal of $500 million, in a share offering that will run until Sept. 18.
15 Aug 2013
Compañía Sud Americana de Vapores has approved the sale of two 6,500 20-foot-equivalent unit ships, in line with the Chilean carrier’s strategy of having larger and more efficient ships.
01 Aug 2013
Compañía Sudamericana de Vapores reported its profit in the second quarter of 2013 was $34.3 million, compared with a net loss of $140.2 million in the second quarter of 2012.
03 Jul 2013
The top 21 ocean container carriers increased the combined capacity of their fleets by 6.3 percent in the past year amid slowing cargo demand, according to industry analyst Alphaliner.
11 Jun 2013
Compañía Sud Americana de Vapores will introduce regular calls at Port Klang, Malaysia; Khalifa in Abu Dhabi, United Arab Emirates; and Qingdao, China, to its Galex Sling 1 service.
10 Jun 2013
Ocean carrier efforts to shed surplus 8,000 20-foot-equivalent unit ships by dumping them in the Asia-east coast South Am