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Maersk Sending First Container Ship Through Arctic

Maersk announced that it is sending the first container ship from East Asia to Europe through the Arctic Ocean. Daniel Shane reports in CNN Money:

The newly built Venta Maersk is set [...]

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Shrinking Carrier Competition: Cosco Buying OOCL

On Sunday (July 9th, 2017), Cosco Shipping Holdings Co., Ltd. (Cosco); Shanghai International Port Group Co., Ltd (SIPG); and Orient Overseas International Limited (OOIL) announced jointly that [...]

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Shrinking Carrier Competition: Japan’s 3 Big Carriers Merging

News broke this weekend that Japan’s three biggest shipping companies are merging. On October 31st, Mitsui O.S.K. Lines Ltd. (MOL), Nippon Yusen Kabushiki Kaisha (NYK), and Kawasaki Kisen [...]