New name for JV of Japan’s Big 3; massive job cuts at Hapag-Lloyd

The three major box shipping companies of Japan have announced the trade name of their new merged entity and disclosed plans to launch the…

MOL to undergo restructuring in April

Japanese shipping conglomerate Mitsui O.S.K. Lines (MOL) announced an organizational restructuring effective April 1, 2017, including creating a new business unit to take charge…