Industry News


South Korea's SK Group to Sell SK Shipping

Oct 01, 2018

South Korea's large family-owned business conglomerate SK Group is planning to get out of shipping by offloading shipping subsidiary SK Shipping Co., on account of the debt burden amid an industry slowdown.According to a report in the Pulse…

APM Terminals Rolls-out GC3 Initiative

Sep 28, 2018

APM Terminals’ new Global Core Competency Centre (GC3) will ensure that the company not only continues to lead in terms of technology, but will proactively re-think how technology can drive company growth.The GC3 commenced in July with more than half of its employees already onboard…

CMA CGM Inaugurates the Incubator ZeBox

Sep 28, 2018

Rodolphe Saadé, chairman and chief executive officer of CMA CGM Group  and French minister in charge of transport Elisabeth Borne inaugurated ZeBox, a new start-up incubator and accelerator in Marseilles.Initiated by CMA CGM, ZeBox is a human…

Maersk to Merge Damco, Ocean Product Units

Sep 19, 2018

A.P. Moller-Maersk will merge Damco Supply Chain Services and Maersk Line's Ocean Product, the Danish shipping giant announced on Wednesday, as it seeks to offer customers the chance to deal with one firm when shipping goods across the world…

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