Shipping in Malaysia

CMA CGM poised to take ‘leadership in Asia’ with major service

CMA CGM appears to be poised to launch a new Asia-Europe service in July to secure a leadership position in the Asian shipping market, reports Lloyd’s List. “It is a considerable challenge in a volatile economy, but it will anchor CMA CGM firmly as the …

Wednesday, January 14, 2009 by kAyEf 0

Singapore feeder, EP Carriers, said to be in financial trouble

THERE is much talk in the market that EP Carriers, a family-owned feeder operator serving southeast Asia, China and south Asia, is financial trouble, faced with falling freight rates and a plummeting charter market, reports Lloyd’s List. A source told Lloyd’s List that the company …

Wednesday, January 14, 2009 by kAyEf 0