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Maersk makes record profits but Damco crashes [26/Feb/2015]

Is Maersk really being broken-up? The sale of Maersk’s stake in the Danish investment bank, Danske Bank, has triggered speculation that the whole conglomerate is being re-shaped. Read Full Article...

Quite a good year for Kuehne + Nagel [26/Feb/2015]

Kuehne + Nagel has seen moderate increases in revenue and profit with a set of fourth quarter and annual results that show underlying demand reasonably strong but profit margins still under pressure in areas such as forwarding. Read Full Article...

ILWU and PMA come to an agreement on a new west coast contract but questions for the future remain [23/Feb/2015]

It looks like the finger pointing and verbal attacks may have subsided for the time being as word came over the weekend that the ILWU and PMA reached a tentative labour deal for US west coast ports. However questions remain about how similar problems will be dealt with better in the future. Read Full Article...

Indonesia – Colossal domestic market with huge international trade potential [18/Feb/2015]

It is fairly well-known that Indonesia has a potentially giant domestic logistics market with its population of 250m people. Over the last decade or so, top-level trends are signalling that some of this potential is now being realised. Read Full Article...

Kintetsu Worldwide Express buys APL Logistics for $1.2bn [17/Feb/2015]

Trading on the Singapore stock exchange in the shares of Neptune Orient Lines has been suspended today as news emerges that it has agreed the sale of its APL Logistics business to Kintetsu World ExpressRead Full Article...

The rising costs of the west coast port situation [16/Feb/2015]

There is another “temporary” halt at the US west coast ports as both sides try to reach an agreement. As a result the disruption to US supply chains is only getting more acute and it is perhaps time to for US businesses to reassess the structure of their supply chains. Read Full Article...

China lifts ban on Valemax cargo ships but questions surround an ailing industry [12/Feb/2015]

It seems that Brazil’s Vale and the Chinese government have decided to declare a truce. According to several publications, the Chinese government officially lifted a 3-year ban on Valemax class ships by allowing dry bulk cargo ships of 400,000 dwt capacity to dock at Chinese ports. Read Full Article...

US west coast ports temporarily shut down over weekend [09/Feb/2015]

The problems at the US west coast ports appear to have become worse over the weekend. The organisation representing the terminal managers said that it would refuse to pay overtime to longshore men who were not working as agreed and thus, would suspend port terminal operations over Saturday and Sunday. Read Full Article...

LG looks to shore up its resources and energy ventures with the acquisition of Pantos [29/Jan/2015]

LG International has acquired a 51% stake in Pantos Logistics after LG purchased 1.02m shares at a price of KRW314.7bn. The move appears to be primarily motivated by LG’s desire to support its struggling energy and resources businesses. Read Full Article...

Container growth healthy at Rotterdam and Antwerp [21/Jan/2015]

Container traffic growth is quite strong at both Rotterdam and Antwerp and is likely to drive expansion at the two European ports for much of the coming year, judging by the performance through the last 12 months. Read Full Article...

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