Topic “containers” — Exporter Magazine

A.P. Moller-Maersk issued the strongest sign yet of a turnaround in the shipping industry on Wednesday, forecasting it expects to turn a record profit of around USD$5 billion (NZD$6.4 billion) this year on surging ocean container volume and freight rates, according to the Journal of Commerce. Evergreen plans on ordering roughly 100 new vessels, of which the largest will be 8,000-TEU ships. It will order 32 of these ships as it intends to deploy eight ships with each of its four group companies in Taiwan, England, Italy and Singapore.