AJOT Digital Edition
Issue #591

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Terminal Operators

Air Cargo Quarterly

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2014 Media Kit

Liner Shipping

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Matson, Inc. Announces Third Quarter 2014 Diluted EPS Of $0.50

PR Newswire | November 09, 2014 | Liner Shipping

HONOLULU, Nov. 6, 2014 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $21.5 million or $0.50 per diluted share for the quarter ended September 30, 2014, compared with $17.2 million or $0.40 per diluted share in 2013. Consolidated revenue for the third quarter 2014 was $441.8 million compared with $415.0 million in 2013.

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TSA lines develop Westbound low-sulfur fuel guideline

AJOT | November 03, 2014 | Liner Shipping

U.S. exporters shipping container cargo to Asia will see changes in their overall freight costs beginning January 1, 2015, as current low-sulfur fuel charges are adjusted to reflect larger vessels, slow-steaming and stricter sulfur oxide (SOx) emissions standards. Read More »

ACL announces name of G4 vessels

AJOT | November 03, 2014 | Liner Shipping

Construction is progressing on Atlantic Container Line's new G4 vessels, which will be the largest RORO/Containerships in the world. The G4 vessels will replace ACL's existing fleet of G3's operating in the company's transatlantic service. Read More »

Asia-Europe container freight rates jump 88 percent

Reuters | November 03, 2014 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 88.2 percent to $1,312 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

Hyundai Heavy loses $1.8 bln in quarter, braces for worst annual loss

Reuters | October 30, 2014 | Liner Shipping

South Korea’s Hyundai Heavy Industries Co Ltd, the world’s biggest shipbuilder, slid to a record quarterly loss of $1.8 billion and warned it’s heading for its worst-ever year as cost overruns mount up in new business lines it developed to counter a global glut of low-margin ship orders. Read More »

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