Shipping lines Maersk, MSC Mediterranean Shipping Company and CMA CGM have abandoned plans for their vessel sharing agreement, P3, following rejection of the proposal by the Chinese Ministry of Commerce (MOFCOM)
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Honda’s UK car manufacturing plant at Swindon has been a tremendous success since it was first established in 1986. Some 3,000 people now work at the plant producing almost 5,000 Civic, CRV and Jazz models every week. But not last week
The US Federal Maritime Commission has voted to ask for additional information from the parties to the proposed P3 Alliance
The Global Shippers’ Forum has raised concerns over a proposed alliance between Maersk Line, CMA-CGM, and Mediterranean Shipping Company, saying the idea requires careful scrutiny
Maersk Line showed an increase in profit from $498m to $554m for the third quarter as a result of its cost reduction efforts
Supply chain management proved to be the strongest business sector for Damco in the third quarter with volumes up ten per cent. In contrast, ocean freight was down one per cent and air freight was down 15 per cent, the company said
The first scheduled ship, “MOL Caledon’, has docked at London Gateway, marking the opening of the port in the Thames operated by DP World
Maersk Line’s Uffe Ernst-Frederiksen has been appointed chairman of the Cargo Incident Notification System (CINS) Organisation, replacing Hapag-Lloyd’s Reinhard Schwede
Michael Sims has taken on the role of ocean freight director UK at DB Schenker Logistics, where he replaces Glen Boyce, who has been appointed as the company’s new head of ocean freight, region Europe North
Damco, Maersk’s logistics and forwarding business, saw costs rise higher than expected as it strengthened and prepared the organisation for the future in a number of growth markets
