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ATHENS -- Piraeus, the gritty port city that has provided Athens's naval and commercial power throughout its tumultuous history, is the theater of a new conflict, one that pits local [...]

ATHENS, GREECE, Oct 30, 2017 (Marketwired via COMTEX) -- ATHENS, GREECE--(Marketwired - Oct 30, 2017) - Star Bulk Carriers Corp. (the 'Company' or 'Star Bulk') (NASDAQ: SBLK), a global shipping [...]

Diana Shipping, the NYSE-listed dry bulk ship owner, is to spin off 80 percent of its majority-owned container shipping unit through a separate listing on NASDAQ. The Greece-based company, which [...]

Direct ChassisLink, which Maersk set up last year as neutral provider of chassis to truckers, said it will extend service to California and other southwestern U.S. points this fall in [...]

Major Japanese international freight forwarder Yusen Air & Sea Service said that it posted a net profit of 1.163 billion yen ($13.4 million) in the April-June period on a consolidated [...]

Neptune Orient Lines formed a new wholly owned subsidiary called Triton Shipping in Singapore to arrange financing for two new vessels with capacities of 10,000 20-foot equivalent units that it [...]

Damco, the combined logistics subsidiary of A.P. Moller-Maersk Group, opened an office in the Republic of Djibouti, which borders on the Red Sea and the Gulf of Aden and serves [...]

Zim Integrated Shipping Services, suffering a steep drop in demand in its container shipping business, reported a $208 million loss in the third quarter on Thursday, more than triple the [...]

Maersk said more than 700 truckers in the Northeast and Ohio Valley have signed up for a subsidiary's new program that charges motor carriers $11 a day for unrestricted use [...]

Japanese carrier MOL has refuted a report by Reuters that it is considering “spinning off” it container division. It said the report, which was carried in The Journal of Commerce [...]

The A.P. Moller-Maersk Group will merge its two supply-chain management subsidiaries, Damco Sea & Air and Maersk Logistics, into one company on July 1 under the single brand name of [...]

Ocean carrier ANL announced plans to cut capacity in the North East Asia-Australia trade, citing the slump in traffic volumes and uneconomic rate levels on the route. The carrier, a [...]

Maersk Line announced its Singapore-based subsidiary, MCC Transport, is implementing a rate restoration on intra-Asia services. Effective April 1, the increases for dry containers will be : - $50 per [...]

Yusen Air & Sea Service Co., Ltd., the core logistics unit of Japan's NYK Line, reported big drops in profits for the April-December period of 2008 from the previous-year period. [...]

French ocean carrier CMA CGM announced the formation of a new wholly-owned business unit in India, CMA CGM Agencies (India) Pvt. Ltd., to handle its agency operations in that country. [...]

Yusen Air & Sea Service Co., Ltd., the core logistics arm of NYK Line, announced that it has established a Mexican subsidiary to strengthen its local services in that country. [...]

Hamburg Sud announced the formation of its own national organization in Costa Rica as of Jan. 1. The head office in San Jose will be responsible for the group's container [...]

Hamburg Sud announced plans to open a wholly-owned subsidiary in Colombia to handle its agency operations. The new entity, Hamburg Sud Colombia Ltda., will start operating Jan. 1 with its [...]

Nippon Yusen Kabushiki Kaisha (NYK Line), Japan's largest shipping line in terms of group sales, has decided to dissolve four of its wholly owned vessel-owning subsidiaries in Panama. At a [...]

Yusen Air & Sea Service Co., Ltd., the logistics arm of NYK Line, announced that its Vietnamese subsidiary, Yusen Air & Sea Service (Vietnam) Co., Ltd., has opened a new [...]

Nippon Yusen Kabushiki Kaisha (NYK Line), Japan's largest shipping line by group sales, has decided to dissolve one of its wholly owned vessel-owning subsidiaries in Panama. At a board meeting [...]

Japan's largest trading house, Mitsubishi Corp., today announced the liquidation of a shipping and fleet management subsidiary in Panama. According to Mitsubishi, the Panama subsidiary, Bright Navigation S.A., was 80-percent [...]

Orient Overseas Container Line today announced plans to open a wholly-owned subsidiary in Poland, OOCL (Poland) Limited, to handle its agency operations. The Gdynia-based entity will take over responsibilities from [...]

Japan's MOL announced that its two wholly-owned trading subsidiaries will merge on Oct.1. The merger between Mitsui O.S.K. Techno-Trade, Ltd. and Sanwa Marine Ltd., both based in Tokyo, is aimed [...]

Nippon Yusen Kabushiki Kaisha (NYK Line), Japan's largest shipping line by sales, has decided to dissolve five wholly-owned subsidiaries, two in Singapore and three in Panama. At a board meeting [...]

Hamburg Sud announced its wholly-owned subsidiary, Hamburg Sud (China) Ltd., recently received approval from China's Ministry of Communications to upgrade its representative offices in Guangzhou, Ningbo, Qingdao, Shenzhen, Tianjin and [...]

Nippon Yusen Kabushiki Kaisha (NYK Line), Japan's largest shipping line by sales, has decided to dissolve two of its wholly-owned vessel-owning subsidiaries in Panama. At a board meeting on Thursday, [...]

Yusen Air & Sea Service Co., Ltd., a core logistics arm of NYK Line, has unveiled a three-year business management plan that gives top priority to strengthening operations in China [...]

Nippon Yusen Kabushiki Kaisha (NYK Line), Japan's largest ocean carrier by revenue, has decided to dissolve five of its wholly-owned subsidiaries in Panama. At a board meeting Feb. 28, the [...]

TOKYO -- NYK Line said it will dissolve two of its wholly owned vessel-owning subsidiaries in Panama. At a board meeting on Thursday, NYK decided to dissolve Palma Shipholding SA [...]

Nippon Yusen Kabushiki Kaisha (NYK Line), Japan's largest shipping operator, has decided to dissolve one of its subsidiaries in Panama. At a board meeting on Thursday, NYK decided to dissolve [...]

Nippon Yusen Kabushiki Kaisha (NYK Line), Japan's largest shipping company, decided at a board meeting on Thursday to dissolve three wholly-owned vessel-owning subsidiaries in Panama. The three subsidiaries are Taxa [...]

Nippon Yusen Kabushiki Kaisha (NYK Line), Japan's largest shipping line, has decided to dissolve one of its United States subsidiaries, NYK Bulkship (USA) Inc. The decision came at a board [...]

TOKYO -- NYK Line, Japan's largest shipping line, announced that its Singapore-based subsidiary, NYK Group South Asia Pte Ltd., has set up a Pakistani subsidiary. NYK Line Pakistan (Pte.) Ltd., [...]

Hyundai Merchant Marine said Monday it is expanding its sales network by establishing subsidiaries in Italy, Vietnam and other emerging markets in Asia. It opened Hyundai Merchant Marine Italy SRL [...]

In a major organizational reform of its operations in Europe, MOL plans to put all local business centers under the umbrella of Mitsui O.S.K. Lines (Europe) B.V., a Japanese industry [...]

Japanese carrier MOL has set up a wholly owned subsidiary in Italy, MOL Italia, to handle agency operations. The new entity will take over responsibilities from the existing third party [...]

The JOURNAL of COMMERCE ONLINE Maersk Line said Monday it is eliminating another trans-Pacific service in its continuing effort to cut capacity on major routes and compensate for a slide [...]