Cosco to acquire 9 mega ships, Evergreen names latest newbuild

Chinese shipping group Cosco is set to beef up its fleet with an order for nine 20,000-TEU ships as the fever to own mega…

OOCL schedules SEA-Australia rate increase

Box carrier Orient Overseas Container Line (OOCL) will impose a rate hike on Southeast Asia-Australia shipments from mid-January 2014. “The ocean freight rates continue…