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>> Global: Taiwan's Evergreen Marine Corp (EMC) has achieved a positive second quarter result, with a net profit of TWD858 million (US$29 million) on operating income of TWD641 million (US$22…
>> Global: Maersk Line boss says the company will be out of the newbuilding arena for two or three years. Nils Andersen, CEO of AP Moller-Maersk said oversupply and the…
>> Hong Kong: Overseas Orient Container Line (OOCL) Logistics has been appointed by Bayer Material Science China (Bayer China) to manage its supply chain logistics operations for domestic and international…
>> Jinan: Qingdao's SITC Maritime (Group) Co has commenced a container service connecting China, Vietnam, Thailand and Indonesia, called the VTI. The VTI calls at Shanghai, Ho Chi Minh City,…
>> Beijing: China's flag carrier Cosco has widened its net loss to CNY4.87 billion (US$766.8 million) in the first half of the year, 76.7 % higher than the loss posted…
Thursday, 30 August 2012 17:05

CSCL doubles H1 loss to US$200 million

>> Hong Kong: China Shipping Container Lines (CSCL) doubled its net loss in the first half as operating costs increased amid the sluggish container shipping market. The Hong Kong-listed firm…
>> Hong Kong: OOCL has further pushed back the delivery date of the remaining six 8,888 teu vessels ordered from Hudong-Zhonghua originating from an original order of eight made in…
>> Taiwan: Taiwan's big container shipping line Evergreen will receive the first of twenty 8,000-TEU ships this month. Evergreen is spending US$2.06 billion at Samsung Heavy Industries for the "L-type"…
>> Hong Kong: Hong Kong listed Cosco Pacific, the terminal operating arm of Cosco Group, is eyeing investment opportunities ahead of Greek's planned US$62 million port privatisation programme to include…
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