MSC Mediterranean Shipping Company SA announces the appointment of Mr. Diego Aponte as President and CEO. 'It is important that we keep looking forward and that we prepare the company for the future,' said Mr. Gianluigi Aponte, founder of MSC…
A container shipping organisation urged companies on Monday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU), corresponding to an increase of 14.2 percent from current levels, from Sept. 1.TSA (Transpacific Stabilization…
The proposed container ship P3 alliance between the 255-ship fleets of Maersk, Mediterranean Shipping Company S.A. and CMA CGM was turned down by China's Anti-monopoly Bureau at the Ministry of Commerce, because the P3 alliance intended to set…
A.P. Moller-Maersk said on Tuesday it had abandoned a planned ship pooling network after China's Ministry of Commerce surprisingly announced it had not approved it. Maersk shares were down 6.2 percent at 1100 GMT compared with a 0.7 percent fall in the Danish benchmark index…
Container shipping lines have agreed to raise Asia-U.S. freight rates by $300 per 40-foot container (FEU) to west coast ports of the U.S. and by $400 to all other ports in the U.S from May 15.The increase was agreed by companies in the Transpacific…
MSC (Mediterranean Shipping Company) closes the 35% sale of its Terminal Division (Terminal Investment Limited SA) to Global Infrastructure Partners (GIP).MSC and Global Infrastructure Partners and a group of its LP Co-Investors have closed…
'As we close the 2012 books, we have every reason to be satisfied with the Trust’s positive results,' says Rickmers chairman.Extracts from chairman, Bertram R.C. Rickmers's letter to shareholders in the recently released 2012 financial report…
NY/NJ Forwarders & Brokers Association to present award on January 25 in New York The New York/New Jersey Foreign Freight Forwarders and Brokers Association (NY/NJ FFFBA) has selected Claudio Bozzo, President and CEO of Mediterranean Shipping Company (USA) Inc…
Dachser USA Names New Director of Ocean Freight; Barbasetti di Prun Brings Expertise in International Supply Chain ManagementDachser Transport of America Inc. (Dachser USA), the U.S. division of one of the world's leading global logistics service providers…
All Asian shippers wil have to pay higher freight charges to European container ship operators from September 2012.From September 1, Denmark-based Maersk, the world's largest container line, will implement a general freight increase of 250 U…
Swiss shipping operators confirm they employ armed security guards to protect their ships off Somalia & Gulf of Aden.Landlocked Switzerland plays a surprisingly prominent role in the commercial shipping scene. The Geneva-based Mediterranean Shipping Company operates 422 vessels…
Coastguard monitors safety aspects as MSC hire Donjon-Smit to make a salvage assessment of fire-damaged 'MSC Idil' off the Puerto Rico coastThe coastguard reports as follows:The 900-foot container ship suffered an explosion onboard late Friday afternoon…
Mediterranean Shipping Company announced a General Rate Increase that will affect westbound freight moving from the USA to Asia effective January 1, 2010.All commodities including exempt (exception reefer)US west coast port/port : $200/40…
In response to requests from clients and the shipping public for quicker transit times to the Red Sea, Gulf and the Middle East markets, MSC Mediterranean Shipping Company announced a rotation change on its GGS USAEC / Far East service, which had previously sailed via the Cape of Good Hope…
Mediterranean Shipping Company announced that the company will charge a container fee for export equipment picked up at some Midwest depots as well as other locations in the United States effective November 1, 2009. The new fees, applicable to export pickups only…